Pertanyaan
836. Which of the following business structures incorporates limited as well as unlimited liability?
Jawaban
Penjelasan
Step1:
Understanding Business Structures Business structures define the legal and financial relationship between the business and its owners. Common structures include sole proprietorship, partnership, corporation, and limited liability company (LLC).
Step2:
Identifying Limited Liability Limited liability means that the owners of a business are not personally responsible for the company's debts and liabilities beyond their investment in the business.
Step3:
Identifying Unlimited Liability Unlimited liability means that the owners are personally responsible for all the company's debts and liabilities.
Step4:
Recognizing the Hybrid StructureA limited partnership incorporates both limited and unlimited liability. In a limited partnership, limited partners have limited liability, while general partners have unlimited liability.
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