All categories

2 years ago

Limited liability is an advantage of what form of business ownership?

SAT

2 answers:

Masja [62]2 years ago

5 0

Answer:

a. Corporation

Explanation:

Limited liability refers to a condition in which the owners of a business are not made responsible with their own assets for the debts the business have. Corporations have limited liability because the organization is a separate entity and it is responsible for its own debts.

The other options aren't correct because in sole propietorships the owner is responsible personally for the debts the business have, in partnerships each partner is liable for all the debts. In the case of franchises, the liability will depend on the corporate structure it has.

prisoha [69]2 years ago

4 0

A. Corporation because you are not responsible for everything.

You might be interested in

There will be 4 people chosen from a group of fifteen to fill four engineer positions at a local company. a. Does order count? b

Karolina [17]

Answer:

No, order doesn't count as they can chosen in any, 14 ,378

Explanation:

5 0

3 years ago

The owner of a bookstore buys used books from customers for $1. 50 each. The owner then resells the used books for 400% of the a

GenaCL600 [577]

Answer:

6.00

Explanation:

7 0

2 years ago

In a class of 25 students 15 have a cat.

wolverine [178]

10 students do not have a cat

5 0

2 years ago

Which mexican state is a popular tourist destination

victus00 [196]

Answer:

Oaxaca

Explanation:

Oaxaca de Juárez is one of the most important destinations in Mexico

5 0

2 years ago

According to erickson what are some common events of the intimacy versus isolation stage that occurs during young adulthood

Harlamova29_29 [7]

Erikson believed that personality develops sequentially through eight stages of psychosocial development, from infancy to adulthood.

<h3>Intimacy vs. Isolation-</h3>

Erik Erikson's theory of psychosocial development includes the sixth stage of intimacy versus isolation. This stage occurs during young adulthood, between the ages of 18 and 40 years. The major conflict at this stage is forming intimate, loving relationships with other people. We begin to share ourselves more intimately with others at this stage.

Completing this stage successfully can result in happy relationships as well as a sense of commitment, safety, and care within a relationship.

However avoiding connections can result in loneliness, isolation, and occasionally despair.

To learn more about Erikson's sixth stage click here:

brainly.com/question/7696359

#SPJ4

3 0

1 year ago