GK
BUSINESS ECONOMICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a type of business which operates as a separate legal entity?
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corporation
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franchise
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partnership
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sole partnership
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Explanation:
Detailed explanation-1: -In LLCs, the company exists as its own legal entity. This protects the owners of the LLCs from being personally liable for the operations and debts of the business.
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