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What term represents a business that is similar to a general partnership except that in addition to general partners there are one or more limited partners?

limited partnership a+


Which of he following is an advantage of a partnership?

The responsibility for the business is shared


Is business partnership is expanding?

business partnership is expanding.\


Which of the following is an advantage of setting up a business as a partnership?

The risks of owning the business are divided among a group of people Study Island. :)


What is partnership dissolution?

Dissolution of partnership means the shut down of partnership business and sale of all assets of business and clearance of all the liabilities of the business.


Do you have examples on partnership?

what type of business is a partnership


What are the three categories in business?

Following are three catagories of business: 1 - Sole proprietorship 2 - partnership 3 - Corporation or joint stock company


Which of the following is not an advantage of a corporation over a partnership?

Corporations have an easier time raising money to start or expand a business.


What is a partnership of a present property?

Partnership property is property owned by a business partnership. This can be cars, machines, buildings, and computers that the business owns.


What does a partnership letter look like?

A partnership letter is usually official since it talks about matters business. The partnership business is usually signed by all the partners of a particular business.


What isnot a type of partnership?

A type of partnership that is not a partnership would be one that does not involve business.


What is an example of an initial capital contribution in a business partnership?

An example of an initial capital contribution in a business partnership is when one partner invests money or assets into the business at the beginning of the partnership to help start and operate the business.