Management MCQ Management Margie opened a used bookstore and it both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?

Margie opened a used bookstore and it both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?

Management

Margie opened a used bookstore and it both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?

A. sole proprietorship

B. limited partnership

C. corporation

D. joint stock company

E. general partnership

Answer: A. Sole proprietorship

Management MCQ

Margie opened a used bookstore and it both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?

Margie opened a used bookstore and it both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?

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