Temporary business formed by two or more legal entities to accomplish a specific
objective.
a. Sole Proprietorship
b. General partnership
c. Joint Venture
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c
Public or private institution, which may/may not be incorporated.
a. Limited liability
b. Corporation
c. College/University
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c. College/university
Any partner can obligate the business.
a. General
b. Joint
c. Limited
d. a and b
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c. a and b.
Limited partners cannot bind limited partnerships.
Owners share equally in business assets, profits, and liabilities
a. General partnerships.
b. Corporations.
c. Sole proprietorship
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a. General partnerships
Ownership of business is based on ownership of company stock
objective.
a. Sole Proprietorship
b. General partnership
c. Joint Venture
Give this one a try later!
c
Public or private institution, which may/may not be incorporated.
a. Limited liability
b. Corporation
c. College/University
, Give this one a try later!
c. College/university
Any partner can obligate the business.
a. General
b. Joint
c. Limited
d. a and b
Give this one a try later!
c. a and b.
Limited partners cannot bind limited partnerships.
Owners share equally in business assets, profits, and liabilities
a. General partnerships.
b. Corporations.
c. Sole proprietorship
Give this one a try later!
a. General partnerships
Ownership of business is based on ownership of company stock
