1- The business ownership that limits the liability of the owners who are the stock holders is ___________.

A- Individual Proprietorship

B- Partnership

C- Corporation

D- None of the above.

2- The business ownership that limits the liability of the owners who are the stock holders is ___________.

A- Individual Proprietorship

B- Partnership

c- Corporation

D- None of the above.

3- The type of corporation that allows the owners be taxed as a partnership rather than a corporation is ______.

A- Limited Tax Corporation

B- Type S

C- Type T

D- None of the above.

4- A stockholder may be employed by a corporation in which they own the stock.

True

False