True/False, and multiple choice questions are worth 5 points each. Please use the space provided. 1. A sole proprietorship business structure provides a high level of liability protection A True B. False 2. The business structure most commonly associated with having liability protection even if there is only one owner a. A Corporation b. A Limited Liability Partnership c. A Partnership d. A Sole Proprietorship 3. The business structure where each owner may have personal liability for the actions of the other owner is: a. A "C" Corporation b. An "S" Corporation c. A Limited Liability Partnership d. A Partnership e. A Sole Proprietorship 4. The business structure(s) where shares of stock can be issued to raise capital typically include: a. A Corporation b. A Limited Liability Partnership c. A Partnership d. A Sole Proprietorship e. a, b, and d 1. a and 8 cand d