In a limited partnership,the limited partners manage the business and are personally liable for all losses.
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Q4: Sole proprietorships are mutual agencies.
Q5: In the context of the capital structure
Q6: An S corporation pays double tax on
Q7: Corporations incur the disadvantage of double taxation.
Q8: In a limited liability company,the owners are
Q10: The owners of a corporation are called
Q11: Closely held corporations face the loss of
Q12: A shareholder derivative suit is brought by
Q13: Which of the following statements about corporations
Q14: In general,the creditors of a corporation cannot
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