A partnership is a company that is owned by two or more people but is not a corporation.
Correct Answer:
Verified
Q3: Corporate officers of an organization are elected
Q4: A corporation itself has limited liability on
Q5: The number of shareholders is limited to
Q6: An S corporation has the federal taxation
Q7: All partners have joint authority to make
Q9: Unlimited liability is a legal condition under
Q10: A benefit corporation must pursue a stated
Q11: All owners in a general partnership and
Q12: The federal government recognizes a sole proprietorship
Q13: A master limited partnership cannot raise money
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents