This topic contains a solution. Click here to go to the answer

Author Question: An example of a business organization that is formed to make a profit is a a. municipal corporation. ... (Read 77 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
An example of a business organization that is formed to make a profit is a
 a. municipal corporation.
  b. nonprofit corporation.
  c. multinational corporation.
  d. cooperative.

Question 2

Unlimited liability means that
 a. if a sole proprietorship fails, the business's creditors may force the owner to sell personal property, such as a house and car, to pay the amounts owed.
  b. each partner in a partnership may independently make decisions affecting the partnership.
  c. all stockholders who own shares of a corporation vote on who will manage the corporation.
  d. none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

C

Answer to Question 2

A




ghost!

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

For a complete list of videos, visit our video library