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  • There is no protection for the personal assets of any own...
Multiple choice

There is no protection for the personal assets of any owner(s)/partner

  1. Proprietorship

  2. Partnership

  3. neither

  4. both

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In both sole proprietorships and general partnerships, owners have unlimited liability, meaning their personal assets can be seized to pay business debts.

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