Author Question: Which of the following forms of business organization limits the liability of owners? A) sole ... (Read 96 times)

bclement10 · **on:** Jul 11, 2018

Which of the following forms of business organization limits the liability of owners?

A) sole proprietorship B) general partnership
C) two person partnership D) corporation

Question 2

Some directors and officers (D&O) liability policies include an insuring agreement tcovers the legal liability of a corporation arising out of the wrongful acts of directors and officers. This coverage for the corporation is called

A) blanket coverage.
B) corporate reimbursement coverage.
C) personal liability of directors and officers coverage.
D) entity coverage.