Which of the following types of business organizations do not protect owners' personal assets from losses incurred by the business?

Which of the following types of business organizations do not protect owners' personal assets from losses incurred by the business?


General partnership.

Sole proprietorship.

S corporation.

C corporation.


A) III and IV.

B) I and II.

C) I only.

D) II and III.



Answer: B) I and II.


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