Consider the following separate situations, identify each as being a sole proprietorship, partnership, corporation, or limited liability company. Business Organization b Description Physio Products does not pay income taxes and has one owner. The owner has unlimited liability for business debt. Oscar, Angela, and Kevin own Accounting Solutions. The business has an indefinite life and pays an additional business income tax IBC Services does not have separate legal existence apart from the one person who owns it. d. A Company pays a business income tax and has two owners. Sansa and John own Snow Removal Services. The business does not pay an additional business income tax and the business has an indefinite life. t. Miguel is the sole owner of Derr Homes, Miguel is personally liable for Derr Home's debt. 9. Jeffy Auto is a separate legal entity from its owner, but it does not pay a business income tax. h. Raymond and Amy own Security Services. The business is not a separate legal entity, Sole proprietorship Limited liability company Corporation Partnership e. Consider the following separate situations, identify each as being a sole proprietorship. partnership. corporation, or limited liability company Business Organization b. Description Physio Products does not pay income taxes and has one owner. The owner has unlimited ability for business debt Oscar, Angela, and Kevin own Accounting Solutions. The business has an indefinite life and pays an additional business income tax. c. IBC Services does not have separate legal existence apart from the one person who owns it. d. AJ Company pays a business income tax and has two owners. Sansa and John own Snow Removal Services. The business does not pay an additional business income tax and the business has an indefinite life. 1. Miguel is the sole owner of Derr Homes. Miguel is personally liable for Derr Home's debt. 9. Jelly Auto is a separate legal entity from its owner, but it does not pay a business income tax. h. Raymond and Amy own Security Services. The business is not a separate legal entity. Corporation e. Partnership Sole proprietorship Limited liability company Consider the following separate situations, identify each as being a sole proprietorship, partnership. corporation, or limited liability company Business Organization Description Physio Products does not pay income taxes and has one owner. The owner has unlimited liability for business debt b Oscar, Angela, and Kevin own Accounting Solutions. The business has an indefinite life and pays an additional business income tax c. 8C Services does not have separate legal existence apart from the one person who owns it d. AJ Company pays a business income tax and has two owners. Sansa and John own Snow Removal Services. The business does not pay an additional e business income tax and the business has an indefinite life. Miguel is the sole owner of Der Homes. Miguel is personally liable for Dort Home's debt. 9. Jeffy Auto is a separate legal entity from its owner, but it does not pay a business income tax h. Raymond and Amy own Security Services. The business is not a separate legal entity Sole proprietorship Limited liability company Corporation Partnership Consider the following separate situations, identify each as being a sole proprietorship, partnership, corporation, or limited liability company Business Organization 8. Description Physio Products does not pay income taxes and has one owner. The owner has unlimited liability for business debt. Oscar, Angola, and Kevin own Accounting Solutions. The business has an indefinite ife and pays an additional business income tax c. IBC Services does not have separate legal existence apart from the one person who owns it. d. AJ Company pays a business income tax and has two owners. Sansa and John own Snow Removal Services. The business does not pay an additional business income tax and the business has an indefinite life. 1. Miguel is the sole owner of Dorr Homes, Miguel is personally liable for Derr Home's debt. 9. Jeffy Auto is a separate legal entity from its owner, but it does not pay a business income tax. h. Raymond and Amy own Security Services. The business is not a separate legal entity, 0