Question

Each of the following business entities provides limited liability to its owners except:

a. general partnership
b. S-type corporation
c. corporation
d. limited liability company

Answer 1

A general partnership does not provide limited liability to its owners.

Step-by-step explanation:

The business entity that does not provide limited liability to its owners is the general partnership. In a general partnership, each partner is personally liable for the debts and obligations of the business. This means that if the partnership does not have enough assets to cover its liabilities, the partners' personal assets can be used to satisfy the debt.