An organization that has two or more owners who are legally responsible for the debts and taxes
Question:
An organization that has two or more owners who are legally responsible for the debts and taxes of the business is a:
a. Social entity.
b. Partnership.
c. Sole proprietorship.
d. Corporation.
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B A business partnership is a type of business ent...View the full answer
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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