Owners are not personally responsible for the debts of the business if the form of business organization is a
A. sole proprietorship.
B. corporation.
C. nonprofit organization.
D. partnership.
Answer: B
You might also like to view...
Tangible assets that are attached to natural resources are depreciated over
A) the life of the natural resource B) the shorter of the tangible asset's life or the natural resource's life C) the life of the tangible asset D) the longer of the tangible asset's life or the natural resource's life
The ________, established in 1947 and modified in 1994, was designed to promote world trade by reducing tariffs and other international trade barriers
A) WTO B) NAFTA C) EU D) CAFTA-DR E) GATT
Unfavorable variances are represented by debit balances in the overhead account
Indicate whether the statement is true or false
When you must refuse typical requests, you will first think about how the receiver will react to your refusal and decide A) whom or what to blame
B) where and how to apologize. C) how to invite further correspondence. D) whether to use the direct or the indirect strategy.