__________ is a business entity in which the shareholders are ...

[jlmhmf]

__________ is a business entity in which the shareholders are members of the same profession, purchase the corporation's stock, own the firm, share in the profits and losses of the firm in proportion to the number of shares they own
 
  __________ is a business entity in which the shareholders are members of the
  same profession, purchase the corporation's stock, own the firm, share in the
  profits and losses of the firm in proportion to the number of shares they own, and
  have limited personal liability.
  a. Sole proprietorship
  b. Partnership
  c. Professional corporation
  d. Business corporation

Question 2

A __________ is a form of business organization that normally allows lawyers doing business as partners to avoid personal liability for the malpractice of other partners.
 
  a. Partnership
  b. Professional corporation
  c. Limited liability partnership
  d. Limited partnership

[kiamars2010]

Answer to Question 1

C

Answer to Question 2

C

[jlmhmf]

Thanks for the timely response, appreciate it

[patma1981]

Wow, this really help