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Question
Which of the following forms of business organizations provide limited liability to all its owners?A) general partnership
B) limited partnership
C) corporation
D) both B and C
Answer
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Related questions
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Dazzly Diamond Corp. called for credit at the Home Alone Bank of Paris, TX. The terms included a $35,000 maximum loan with interest of 1 percent over prime, and the agreement also requires a 15% compensating balance throughout the year. The prime rate is currently 12 percent.
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B) $84,000
C) $90,000
D) $94,000