Accounting MCQs Senior Auditor (SA)

In which type of business, all owners share in gains and losses and all have unlimited liabilities for all business debts?

  • General partnership
  • Sole proprietorship
  • Limited partnership
  • Corporation
  • a
  • Two people start a Shop / Store. Both Partners must be involved in business activities, it is called General Partnership.

View More Details >>

Leave a Reply

Your email address will not be published. Required fields are marked *