One of the advantages of a corporation when compared to a partnership is the limited liability of the owners.

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899559
Joined: Mon Aug 02, 2021 8:13 am

One of the advantages of a corporation when compared to a partnership is the limited liability of the owners.

Post by answerhappygod »

Answer: TRUE
Explanation: In a partnership each partner has unlimited liability; in a corporation the
stockholders have limited liability.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply