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Owner risk

Exercise and reference answers

Upper category
Unlimited
Lower category
Limited
Items
  1. Category
    Unlimited
    Item
    Sole owner
  2. Category
    Unlimited
    Item
    Gen ptnr
  3. Category
    Unlimited
    Item
    Own debts
  4. Category
    Unlimited
    Item
    Own assets
  5. Category
    Limited
    Item
    Company
  6. Category
    Limited
    Item
    LLC owner
  7. Category
    Limited
    Item
    Lim ptnr
  8. Category
    Limited
    Item
    Coop mbr
Instructions
Send each form to the unlimited liability track or the limited liability track.

Explanation

_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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