Michael won’t and Sanjay Patel , both lawyers start a law firm together both of them have unlimited liability for the debts of the business and the management of the firm is equally shared between them this law firm is an example of ? A)an S corporation B)a C corporation C)a general partnership D)a sole proprietorship E)a limited partnership
Michael won’t and Sanjay Patel , both lawyers start a law firm together both of them have unlimited liability for the debts of the business and the management of the firm is equally shared between them this law firm is an example of ? A)an S corporation B)a C corporation C)a general partnership D)a sole proprietorship E)a limited partnership
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 7MC: Owners have no personal liability under which legal business structure? A. a corporation B. a...
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Michael won’t and Sanjay Patel , both lawyers start a law firm together both of them have unlimited liability for the debts of the business and the management of the firm is equally shared between them this law firm is an example of ?
A)an S corporation
B)a C corporation
C)a general partnership
D)a sole proprietorship
E)a limited partnership
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