BUS LAW test 1 Exam questions and answers Graded A+
BUS LAW test 1 Exam questions and answers Graded A+ Sole Proprietorship -A business owned by one person with no legal distinction between the owner and the business. The owner has unlimited personal liability and profits are taxed directly to the owner. General Partnership -Two or more persons carrying on as co-owners of a business for profit. Joint Venture -A partnership formed for a specific project or limited purpose. Limited Liability -A legal protection where owners are not personally responsible for the debts of the business. Pass-Through Entity -A business structure
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