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Author Question: Which of the statements below are true? A) A corporation is the business form that is typically ... (Read 63 times)

kaid0807

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Which of the statements below are true?
 
  A) A corporation is the business form that is typically the most complicated (legally) to establish.
  B) The sole proprietorship and the general partnership both feature unlimited liability.
  C) The corporation and the limited partnership both provide at least some owners with limited
  liability.
  D) all of the above

Question 2

A-1 Electrical Service is an electrical contractor that employs 14 electricians. A-1 faces many loss exposures.
 
  One general liability exposure arises out of faulty work that A-1 electricians may perform for customers at their homes or businesses. This liability exposure is known as
  A) premises and operations liability.
  B) products liability.
  C) completed operations liability.
  D) contingent liability.


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bob

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kaid0807

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


amandalm

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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