5. The most dominant form of business organization is the a legal entity formed by selling shares of stock to investors who then become shareholders and the of the company. 6. ( True False) A corporation and its shareholders can be sued and can be held liable for the corporations debts. 7. (True False) A joint venture is a relationship created between two or more persons or corporations for a specific undertaking. 8. A business trust is a business organization governed by a group of 9. A is a business that exists because of an arrangement between an owner of a trade name or trademark and a person who sells goods or services under the trade name or trademark. 10. (True False) The death of a general partner usually terminates a limited partnership (LP)