Author Question: If the price of a product is expected to increase in the future, the supply today will increase. ... (Read 141 times)

erika

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If the price of a product is expected to increase in the future, the supply today will increase.
 
  Indicate whether the statement is true or false

Question 2

In which types of business do owners have unlimited personal liability and in which do owners have limited personal liability?
 
  What will be an ideal response?


b614102004

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Answer to Question 1

FALSE

Answer to Question 2

Sole proprietorships and partnerships are subject to unlimited personal liability. Corporations are subject to limited personal liability.



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