The legal form of business ownership in which owners have limited personal accountability for the debts and dealings is a
Limited Liability Company
sole proprietorship
Partnership
Corporation

Answers

Answer 1

Answer:

Limited Liability Company

Explanation:


Related Questions

the british economicst ______________ demonstrated in 1817 that even though one nation held an absolute advantage over another in the production of each of two different goods, international trade could still be a positive-sum game in which both countries benefit.

Answers

Answer:

David Ricardo

Explanation:

unlimited liability as it relates to sole proprietorships is the risk of loss of assets beyond the assets of the business.

Answers

The risk of loss of assets beyond the assets of the business is referred to as unlimited liability. It is one of the characteristics of a sole proprietorship.

A sole proprietorship is a form of business organisation is which only person owns the business.  

Characteristics of a sole proprietorship

it is owned by one personthe business has unlimited liability. It means that the owner of the business is liable to the liabilities her business.  the business usually lacks continuity. this type of business usually ceases to exist when the owner dies.

Advantages of sole proprietorship

It is easy to establish.  The business owner has complete control over the business.  

Disadvantages of sole proprietorship

The lifespan of the business is often limited to the lifespan of its owner. The owner has an unlimited liability.

A similar question was answered here: https://brainly.com/question/21297889

what are the four invoices used in foreign trade?​

Answers

Explanation:

airway bill.

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which country parades first during the olympics opening ceremony

Answers

Answer:

Greece always enters first.

The modern Olympic Games began in Athens in 1896. So Greece gets the honor of starting in the Parade of Nations.

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