Which of the following forms of business organizations protect the personal assets of the owners from creditors of the business?
A) Partnerships
B) Corporations
C) Proprietorships
D) Partnerships and corporations
E) Partnerships and proprietorships
B
Business
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Give an example of an augmented product
What will be an ideal response?
Business
Which of the following statements is false?
A) Assessment mutuals provide primarily fire and windstorm insurance. B) A stock insurance company is a profit-making venture in both life and property insurance. C) Dividends are paid to stockholders of stock companies. D) In stock companies, non-insured stockholders bear none of the risk of loss.
Business