answersLogoWhite

0

What else can I help you with?

Related Questions

Can an llc be a partner in a partnership?

Yes, an LLC can be a partner is a partnership and they often are. In this case, all partners in the general partnership are general partners.


What partnership requires only one partner to be a general partner?

A partnership that requires only one partner to be a general partner is called a limited partnership. This is a form of partnership.


What is one way a general partnership differs from a limited partnership?

Each partner in a general partnership is fully responsible for all of the business's debts


Is this true or false The 3 types of partnerships are general partnership unlimited partnership and unlimited liability partnership?

The ones I'm aware of (In the US) are General Partnership, Limited Partnership (LP), Limited Liability Partnership (LLP), and Limited Liability Limited Partnership (LLLP)


What would explain one way that a general partnership differs from a limited partnership?

A general partnership would not be as close knit as the limited partnership. There also would not be as many legal proceedings to go with it.


What is one way that a general partnership differs from a limited partnership?

A general partnership would not be as close knit as the limited partnership. There also would not be as many legal proceedings to go with it.


In a general partnership?

In a general partnership, two or more individuals or entities join together to run a business. All partners have equal rights and responsibilities and share in the profits and losses of the business. Each partner is personally liable for the debts and obligations of the partnership.


Which of the following terms 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+


A general partnership differs from a sole proprietorship because a general partnership is a characteristic by which of the following?

Requires collective decision-making


Unlike a limited partnership a general partnership has what?

Unlimited liability for all partners.


What Unlike a limited partnership a general partnership has?

Unlimited liability for all partners.


How many types of partnership possible?

4 types -general partnership -limited partnership -master limited partnership -limited liability partnership

Trending Questions
Can you surrender your vehicle after filing chapter 13? Can mail carrier with hold mail to my apartment as others in apt threw all their junk mail near mailbox he is not delivering mail telling that until everyone picks up their junk mailhe won't deliver? Which of these was the reality show spin off of Law Order? Can historonic people fall in love? How much will a speeding ticket cost in Virginia for doing 81 mph in a 65 mph zone if he said that it was a regular ticket not reckless and checked the box saying I can just pay the fee? What are the basic principles of lending? When does DIACAP requires you to review your IA posture? How do you get your personal belongings out of an impounded car that you have not yet put in your name? A man and a woman were living together unmarried and he took care of her daughter for ten years and he has been the only father the child knows can he be legally obligated to pay child support.? What is value of Remington 24 long rifle lesmok or smokeless greased Brownings patent Oct 24 1916 serial 328056 breaks down Marked USMC Inc Brownings patent Oct 24 1916 Remington Ilion Works Ilion NY? What are the concept that guides the request for tougher laws to protect musicians work? What should you do if you turn down a one-way street in the WRONG direction? Who is responsible for breaking a tie vote between the two houses of the Florida legislature? What is the 18th street gang allies? Agreement to Cancel Lease? What are some protections that workers need in addition to protection from physical harm? Is it illegal to wear a mask in Georgia? Can you be a officer in the navy if you have a bachelor's degree in criminal justice? Who launched a movement for the Muslim tenants against the Hindu landlords? Who is the most dangerous man that ever lived?