Which business organization typically has a single owner that has unlimited liability? O partnership O sole proprietorship O corporation Which business organization has unlimited liability and more than one owner? O corporation O partnership sole proprietorship

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
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Problem 34CTQ: You and your friend have opened an account on E-Trade and have each decided to select five similar...
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Which business organization typically has a single owner that has unlimited liability?
partnership
sole proprietorship
coгporation
Which business organization has unlimited liability and more than one owner?
corporation
partnership
sole proprietorship
46°F
a
Transcribed Image Text:Which business organization typically has a single owner that has unlimited liability? partnership sole proprietorship coгporation Which business organization has unlimited liability and more than one owner? corporation partnership sole proprietorship 46°F a
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Question 3 of 30
Stacy and Miguel are preparing to open a burger joint called "Stacy and Miguel's Burgers and More Burgers." They are still
unclear about the various types of business organizations. Answer the questions to clarify the differences between
business organizations.
Which business organization can raise capital by issuing stock?
sole proprietorship
corporation
O partnership
Which business organization typically has a single owner that has unlimited liability?
partnership
sole proprietorship
&13 PM
46°F
12/15/2021
a
Transcribed Image Text:Resources Submit All Question 3 of 30 Stacy and Miguel are preparing to open a burger joint called "Stacy and Miguel's Burgers and More Burgers." They are still unclear about the various types of business organizations. Answer the questions to clarify the differences between business organizations. Which business organization can raise capital by issuing stock? sole proprietorship corporation O partnership Which business organization typically has a single owner that has unlimited liability? partnership sole proprietorship &13 PM 46°F 12/15/2021 a
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