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What kind of business organization requires more money up front, entails shared profits and responsibilities, but protects personal assets through shareholding?

2 Answers

5 votes

Answer:

D

Step-by-step explanation:

Cooperation

User Alexander Puchkov
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It is the "corporation" that requires more money up front, entails shared profits and responsibilities, but protects personal assets through shareholding, since the maximum amount of money an investor can lose is the amount they put into the company.
User Bryan Kyle
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