QUESTION 1 After graduating from Business School, two college friends desired to start a vegan health and beauty business. They are discussing all business form options available to them. Based on what we discussed in class, which of the following is not a recognized type of business organization? O General Proprietorship O Limited Partnership O Publicly Held Corporation O Limited Liability Company QUESTION 2 If JP Morgan Chase sues Koch Industries ('Koch") for defaulting on its loan, the court may be able to hold the shareholder(s) personally liable for Koch's debts under which theory? Business Judgment Rule O Piercing the Corporate Veil O Corporate Opportunity Doctrine