Final answer:
A Limited Liability Company (LLC) is the type of entity among the choices provided that is subject to limited liability, which protects its owners' personal assets from business debts and lawsuits. The correct option is d
Step-by-step explanation:
The entities subject to limited liability are: Sole Proprietorship: Not subject to limited liability. The owner is responsible for all debts and obligations. Partnership: Generally not subject to limited liability, unless it is a specific type known as a Limited Liability Partnership (LLP).
Limited Liability Company (LLC): Subject to limited liability. The owners' personal assets are typically protected in the event that the business incurs debt or is sued. A Limited Liability Company (LLC) is the correct answer as its members are not personally liable for the debts of the business beyond their investment.