menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Entrepreneurship Successfully Launching Study Set 2
  4. Exam
    Exam 7: Preparing the Proper Ethical and Legal Foundation
  5. Question
    The Major Difference Between a General and a Limited Partnership
Solved

The Major Difference Between a General and a Limited Partnership

Question 11

Question 11

True/False

The major difference between a general and a limited partnership is that a limited partnership includes two classes of owners-general and limited partners.

Correct Answer:

verifed

Verified

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

Related Questions

Q6: Very few businesses require licenses and permits

Q7: A _ combines the advantages of a

Q8: Corporations are organized as either _ corporations

Q9: Describe the purpose of a nondisclosure agreement.

Q10: It is usually easier for a corporation

Q12: Which of the following is NOT one

Q13: Which of the following is NOT an

Q14: Which of the following statements is incorrect

Q15: Partnerships are organized as either _ or

Q16: A disadvantage of a sole proprietorship is

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