Which one of the following forms of business organization offers liability protection to some of its owners but not to all of its owners?
A)Sole proprietorship
B)General partnership
C)Limited partnership
D)Limited liability company
E)Corporation

Question

Quizplus · Accepted Answer

In a limited partnership, there are both general partners and limited partners. General partners have unlimited liability, while limited partners have liability protection.

Which One of the Following Forms of Business Organization Offers