Quiz Ch 01 – Margie’s Bookstore: Identifying the Business Entity and Liability Structure

Essentials of Corporate Finance

Ross, Westerfield, and Jordan

10th Edition

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As Margie owns a used bookstore and is personally responsible for all its debts, which type of business entity does she possess?

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  • Search Terms: a all and bookstore both business company e) corporation d) debts? a) does entity for general if is joint liable limited manager. margie of opened own owner partnership partnership c) percent personally proprietorship b) she sole stock store's the type used which
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