suon dieuy. Eachdem w DEL SEU V II que , some windy DES ULIOMEdrer dtte Tons in your later attempts are the same as in previous attempts. Though they may be the same in some rare instances, they'rem east have different numbers. Question 5 Which of the following statements about organizational forms of a business is NOT correct? In a sole proprietorship form of business or in a partnership form, the owner(s) are personally responsible for the debts of the business The partnership agreement states how profits are to be shared between partners and what happens when a new partner is to be admitted or an exsting partner is retiring A corporation is a separate entity from both a legal and accounting perspective The owners of a corporation are legally responsible for the corporation's debts and taxes. Previous Next No new data to save. Last checked at 10:45pm Submit Qui MacBook Air TASloFGHIJK