Questions LLC
Login
or
Sign Up
Ask a New Question
Business and Finance
Partnerships
Liability
All partnerships must have at least 1 general partner who has unlimited liability. true or false
1 answer
False. All partnerships do not necessarily require a general partner with unlimited liability. In a limited partnership, for example, there can be both general partners who have unlimited liability and limited partners who have limited liability.
You can
ask a new question
or
answer this question
.
Related Questions
Select true or false for each description of the Paleo and Archaic Indian cultures.
They all lived in small groups / true or
What is no-fault insurance?(1 point)
Responses Unlimited bodily injury liability mandated by the states to ensure that anyone
Which of the following is a characteristic of general partnerships? (1 point)
• The partners have limited liability. • The
Which of the following are benefits enjoyed by sole proprietorships? Select the two correct answers.
A. unlimited liability B.
Which of the following is true of a General Partnership(1 point) Responses Each partner is only taxed for their share of the
Symptoms will always be experienced after receiving an STD from an infected partner. (1 point) Responses true true false false
Which of the following are benefits enjoyed by sole proprietorships? Select the two correct answers. (1 point)
earning goes
Sole Traders and Partnerships are businesses which do not pay tax
True False
13. Which verb form correctly completes the following sentence?
¿Qué ____________ (tú) en el almacén? (1 point) True False
Britain and Germany's governments have all of the following in common. (1 point)
2 houses in legislature True or False a
