Question: In which business structure do shareholders have the ability to elect a Board of Directors to oversee management? Sole Proprietorship LLC C - Corporations General
In which business structure do shareholders have the ability to elect a Board of Directors to oversee management?
Sole Proprietorship
LLC
CCorporations
General Partnership
point
Tom is a sole proprietor running a plumbing business. He accidentally damages a customer's property during a service call. Who is liable for the damage?
Tom's business
Tom personally
The customer's insurance
The equipment manufacturer
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
