Question
Which one of the following characteristics applies to both a sole proprietor and a general partnership, but not a corporation? A) Continuous life. B) A
Which one of the following characteristics applies to both a sole proprietor and a general partnership, but not a corporation?
A) Continuous life.
B) A separate legal entity.
C) Unlimited liability.
D) Limited liability.
E) None of the above.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
