menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 1
  4. Exam
    Exam 31: Starting a Business: Llcs and Other Options
  5. Question
    Limited Liability Is a Major Advantage of a Partnership as Compared
Solved

Limited Liability Is a Major Advantage of a Partnership as Compared

Question 25

Question 25

True/False

Limited liability is a major advantage of a partnership as compared to a corporation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: When a partner leaves the partnership,whether it

Q21: An organization that does not pay income

Q22: To form an LLC,both a charter and

Q23: Alan,a dentist,and his wife Martha,an attorney,can protect

Q24: Most franchisors and franchisees are<br>A)partnerships.<br>B)sole proprietorships.<br>C)corporations or

Q26: The most common form of business ownership

Q27: Social enterprises are organizations that pledge to

Q28: Which is true of an S corporation?<br>A)There

Q29: Harold and Zack have pooled their money

Q30: What federal agency requires that the seller

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines