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Corporation

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12y ago

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The partnership form of business organization a. is a separate legal entity. b. is a common form of organization for service-type businesses. c. enjoys an unlimited life. d. has limited liability.?

A partnership has limited liability.


What type of business has limited liability?

An LLC (Limited Liability Corporation).


Why should you make your small business a limited liability company?

The move to a limited liability company completely depends on the type of small business they own. For most small businesses, turning into a limited liability business is worthwhile.


Business plc's liability?

a plc has limited liability like an Ltd


Under this type of business structure liability is limited only to the assets of the business and does not extend to individuals?

Theres more than one but the one your looking for is called an (LLC) Limited Liability Company Corporations also have a limited liability.


Under this type of business structure liability is limited only to the assets of the business and does not extend to individuals.?

Theres more than one but the one your looking for is called an (LLC) Limited Liability Company Corporations also have a limited liability.


What is an llc corporation?

LLC or limited liability Company is a business entity that offers limited liability protection to its owners. It is a business structure allowed by state statute.


Under which business model do all partners have limited liability exhibiting elements of partnerships and corporations?

limited liability partnership


What is the meaning of W.L.L?

With Limited Liability in a business organization


What type of business has the most liability partnership sole proprietorship corporation or limited liability partnership?

The liability of various forms of business are as follows: Partnership: The liability of the partners is joint, several and unlimited. Sole proprietorship: The liability is of the proprietor is unlimited. LLP: The liability is limited by MOA and AOA.


Unlimited personal liability is a drawback with corporate form of business organization?

Limited personal liability is the advantage of incorporating your business.


Difference between company and other forms of business?

The liability of owners is limited to the extent of their contribution is Limited companies whereas in other forms of business the liability of owners is unlimited.