In which forms of business organization are the owners personally - 14280

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In which forms of business organization are the owners personally liable for all the debts of the business?

 

a. Sole proprietorships and corporations

 

 

b. Sole proprietorships and partnerships

 

 

c. Partnership and corporation

 

 

d. All of them

Solution Description

 

 

In which forms of business organization are the owners personally liable for all the debts of the business?