Which type of business has ownership interests that cannot be transferred to other parties without some restrictions? O a. Both Corporate and limited liability company O b. None of the options O. Corporate business O d. Limited liability company

Which type of business has ownership interests that cannot be transferred to other parties without some restrictions? O a. Both Corporate and limited liability company O b. None of the options O. Corporate business O d. Limited liability company

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

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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Question

Which type of business has ownership interests that cannot be transferred to other parties without some restrictions?
O a. Both Corporate and limited liability company
O b. None of the options
O. Corporate business
O d. Limited liability company

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