General partners
A) have unlimited liability.
B) are liable for the actions of other partners.
C) are fully responsible for company debts.
D) all of the above.
Correct Answer:
Verified
Q19: Of approximately 20 million businesses in existence
Q20: Proprietorships are the most common form of
Q21: Disadvantages of proprietorships include
A) unlimited liability.
B) the
Q22: The biggest disadvantage of a sole proprietorship
Q23: There are two common forms of partnerships-
A)
Q25: Which of the following is FALSE?
A) General
Q26: In limited partnerships
A) the limited partners have
Q27: In a limited partnership
A) a limited partner
Q28: Of the following, the least common form
Q29: A certificate of limited partnership is filed
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