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QUESTION 25 Which form of organization matches each description? - Single owner with unlimited liability Shareholders own the firm and professional managers operate it A.

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QUESTION 25 Which form of organization matches each description? - Single owner with unlimited liability Shareholders own the firm and professional managers operate it A. Corporation on their behalf More than one owner, each having unlimited liability B. Sole Proprietorship C. Limited Partnership More than one owner, one class of owners has limited liability and is not responsible for running the firm, the other class of D. General Partnership owners has unlimited liability and is responsible for running the firm

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