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Determine whether the following determine sole proprietorship, partnership, or corporation.?


a. ownership of spirit company is divided into 1,000 share of stock.
b. delta is owned by s. gomez, who is liable for debts in business
c. chen and fitch own financial services, neither have personal responsibility for debts of business.
d. sung and frank own a courier service, both are responsible for debts of business.
e. xlt services does not have separate legal existence apart from one person who owns it.
f. bioproducts do not pay income tax and has one owner.
g. tampa biz pays own income tax and has two owners.

seriously?

a. Corporation
b. Sole Proprietorship
c. Corporation
d. Partnership
e. Sole Proprietorship?
f. Sole Proprietorship
g. Partnership

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