Which of the following statements about limited liability is correct?
A) It is only provided to the owners of certain businesses.
B) Creditors cannot attach a claim to the personal assets of the owners of a limited liability company.
C) There are now more organizational forms of business with limited liability characteristics than in the past.
D) All of the above are correct.
D
Business
You might also like to view...
If x is a binomial random variable, calculate ? for n = 50 and p = 0.7
A) 35 B) 3.5 C) 10.5 D) 25
Business
When are lagged predictor variables most commonly used?
a. In a simple linear regression model. b. In a time series regression model. c. In a analysis of variance. d. In an exponential model.
Business