Which legal entity is correctly paired with the party that bears the ultimate responsibility for paying the legal entity's liabilities?
A. LLC - LLC members.
B. General partnership - Partnership.
C. Corporation - Corporation.
D. Corporation - Corporation and Limited partnership - General partner.
E. Limited partnership - General partner.
Answer: D
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a. the SEC. b. the Justice Department. c. the Department of the Treasury. d. the FTC.
Since sales dollars represents "ability to pay," it is superior to most other bases used for allocating or charging service department costs.
Answer the following statement true (T) or false (F)
True or False An experiment is an activity of measurement that results in an outcome
Indicate whether the statement is true or false