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A characteristic of the corporate form of ownership is limited liability which means that Multiple Choice owners are only liable for the amount they invest
A characteristic of the corporate form of ownership is limited liability which means that
Multiple Choice
owners are only liable for the amount they invest in the business.
owners are liable in proportion to the total number of owners in the business.
owners are only liable for debts that the corporation cannot cover.
liability is limited to the decision makers of the corporation.
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Quantitative Methods For Business
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
11th Edition
978-0324651812, 324651813, 978-0324651751
