AP 100 (AP100)
University of Washington
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AP 100 Econ Study Plan for Exam 2-Questions and Answers
- Exam (elaborations) • 137 pages • 2021
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AP 100 Econ Study Plan for Exam 2-Questions and Answers 
 
The three major types of firms in the United States are called 
Sole proprietorships, partnerships, and corporations 
Limited liability means that 
Shareholders in a corporation cannot lose more than their investment in the firm 
The government grants limited liability to the owners of corporations 
To limit shareholder risk and thus encourage investment in corporations 
Limited liability becomes more important for firms trying to rais...
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AP 100 Econ Study Plan for Exam 2-Questions and Answers
- Study guide • 129 pages • 2020
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- $25.49
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AP 100 Econ Study Plan for Exam 2-Questions and Answers/AP 100 Econ Study Plan for Exam 2-Questions and Answers/AP 100 Econ Study Plan for Exam 2-Questions and Answers
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