A profit making business operation as a separate legal entity and in which ownership is divided in
Question:
A profit making business operation as a separate legal entity and in which ownership is divided in the proportion of investment is known as a:
(a) Limited Liability Partnership
(b) Partnership
(c) Limited Liability Company
(d) All of the above
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c Limited Liability Company A limited liability company LL...View the full answer
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Related Book For
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
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