Author Question: Which of the following categories of owners have unlimited liability? A) sole proprietors B) ... (Read 40 times)

bobypop

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Which of the following categories of owners have unlimited liability?
 
  A) sole proprietors B) general partners in a limited partnership
  C) shareholders of a corporation D) both A and B

Question 2

The phrase general liability is used to refer to the legal liability of a business arising from all of the following EXCEPT
 
  A) employees injured on the job.
  B) defective products.
  C) liability assumed by contract.
  D) completed operations.



randomguy133

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Answer to Question 1

D

Answer to Question 2

Answer: A



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