3 Types of Business Organization
A sole proprietor has unlimited liability, so the owner is responsible for all the business debts
EX :roommate and when two friends start a business together and share with each other the profits and losses.
Limited liability is where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership
A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.
this is all so the most common.its limited liability