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Author Question: An example of a business organization that is formed to make a profit is a a. municipal corporation. ... (Read 113 times)

ghost!

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on: Jun 24, 2018
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


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chjcharjto14

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

A


ghost!

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

atrochim

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Reply 3 on: Yesterday
:D TYSM

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