Good management always seeks to add value

Which of the following firms has unlimited liability?

A) only proprietorships B) only partnerships C) only corporations D) both proprietorships and partnerships

A labor union is a(n)

a. single seller of labor on the labor market b. single buyer of labor on the labor market c. organization of workers who produce goods that are sold in union shops d. organization of workers who typically strike to obtain high wage rates e. organization of workers who refuse to work unless they are paid a wage rate above MRP