QUESTION
6. Todd and Cathy created a firm that is a separate legal entity and will share ownership of that firm on a 50/50 basis.
Category: Business
Subject: Finance
Due Date: 01/28/2016
Question Asked: 2016-01-28 16:57:44
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User: ZAZU2014
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6. Todd
and Cathy created a firm that is a separate legal entity and will share
ownership of that firm on a 50/50 basis. Which type of entity did they create
if they have no personal liability for the firm's debts?
A. Limited partnership
B. Corporation
C. Sole proprietorship
D. General partnership
E. Public company
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6. Todd and Cathy created a firm that is a separate legal entity and will share ownership of that firm on a 50/50 basis.
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Posted on 2016-01-28 17:13:37
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...firm on a 50/50 basis. Which type of entity did they create if the...
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