Ask Question
BusinessBusiness
20 January, 07:24

Which business is the best example of a limited partnership?

+1
Answers (1)
  1. 20 January, 07:48
    0
    Answer

    Audit or Law Firms

    Explanation

    Limited Partnership is when the business is an incorporated business and that his or her personal assets would not be at risk if the company goes into liquidity. Audit and Law firms are based on this model, such that the firm is an entity in itself and that the partners in the firm are not liable from their personal assets.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which business is the best example of a limited partnership? ...” 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
After she creates the budget above, Zoe moves in with a roommate so she can save money for a car. Her rent is now 25 percent of her salary. Which of these should she do to buy a car quickly? A.
Answers (1)
What is a mass number
Answers (1)
The brake pedal is low and spongy; all brake adjustments have been completed according to specifications. the cause of the problem could be
Answers (1)
Included in Marigold Company's December 31 trial balance is a note receivable of $7,920. The note is a 4-month, 10% note dated October 1.
Answers (1)
Stock Acquisition McDermott Corporation has been in the midst of a major expansion program. Much of its growth had been internal, but in 20X1 McDermott decided to continue its expansion through the acqui - sition of other companies.
Answers (1)
New Questions in Business
Which job title would be given to someone responsible for supervising production in a manufacturing setting?
Answers (1)
If a management team wishes to boost the company's stock price, then it should consider actions to
Answers (1)
On March 15, Year 1, Kathleen Corp. adopted a plan to accumulate $1,000,000 by September 1, Year 5. Kathleen plans to make 4 equal annual deposits to a fund that will earn interest at 10% compounded annually.
Answers (1)
A natural monopoly's preemption of entry by other firms by exploiting its economies of scale is an example of
Answers (2)
The best way for a franchisee and franchisor to evaluate each other is Question options: for the potential franchisee to go to a sales presentation. for the potential franchisee to spend time working in a franchise location.
Answers (1)
Home » Business » Which business is the best example of a limited partnership?
Sign Up Forgot Password?