Which of the following is one important difference between a general partnership and a limited partnership? A. A limited partnership makes a single partner fully responsible for all of the business's debts. B. The partners in a limited partnership may only own a small percentage of the company's stock. C. A limited partnership allows some business decisions to be made individually. D. Every partner in a general partnership is fully responsible for the business's debts.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following is one important difference between a general partnership and a limited partnership? A. A limited partnership makes ...” 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
You Might be Interested in
True or False. Brand recognition exists when a customer is aware that the brand exists and views it as an alternative to purchase if the preferred brand is unavailable or if the other available brands are unfamiliar to the customer.
Answers (1)
On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $65,800. The band estimates it will use this equipment for four years. It estimates that after four years it can sell the equipment for $2,000.
Answers (1)
A new medication for schizophrenia appears to work because it blocks dopamine from binding to a receptor. the new medication functions as:
Answers (1)
Kirsten is experiencing a great deal of anxiety about her first Algebra II test. "I know that Mr. Dade has a reputation for being tough, and everyone thinks that girls are no good in math.
Answers (1)
Which of the following is most likely to increase as a nation experiences an increase in productivity? 1. Incentives 2. Standard of Living 3. Efficiency 4. Marginal Benefits
Answers (1)
New Questions in Business
Patel Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made. 1.
Answers (1)
Why is teen crashes a problem, especially for teen drivers?
Answers (2)
In general, how long does it take to accomplish a long-term goal? A. a few days to a week B. a few weeks to a month C. a few months to a year D. more than a year Reset Next
Answers (1)
A municipality is planning to issue a 5-year zero-coupon bond. The face value is $1,000 and the yield-to-maturity is 5.6%. What is the price of this muni-bond? Round to the nearest cent. Do not include a dollar sign in your answer. (i. e.
Answers (1)
Any process that comes ito physical contact with the product that will be delivered to an external customer is ... Options Production process Business process Both of the above none of the above
Answers (1)