Ask Question
4 March, 03:59

A type of entity that must have one general partner and at least one limited partner. b. A type of entity in which owners are "members". c. A type of entity in which all owners are jointly and severally liable for the entity's debts. d. A type of entity in which there can be only one owner.

+4
Answers (1)
  1. 4 March, 05:20
    0
    Answer: a) Limited Liability Partnership (LLP)

    b) Limited Liability Company (LLC)

    c) General Partnership

    d) Sole Proprietorship

    Explanation: Limited Liability Partnership (LLP) - A type of entity that must have one general partner and at least one limited partner.

    Limited Liability Company (LLC) - A type of entity in which owners are "members".

    General Partnership - A type of entity in which all owners are jointly and severally liable for the entity's debts.

    Sole Proprietorship - A type of entity in which there can be only one owner.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A type of entity that must have one general partner and at least one limited partner. b. A type of entity in which owners are "members". c. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers