Business organization in which the owners' personal property may be forfeited in the event of...

Economics

JAMB 2005

Business organization in which the owners' personal property may be forfeited in the event of bankruptcy are

A. partnerships and limited liability companies
B. partnerships and sole proprietorships
C. cooperatives and sole proprietorship
D. corporation and sole proprietorship

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Correct Answer: Option B

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Business organization in which the owners' personal property may be forfeited in the event of...

Correct Answer: Option B

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