Multiple Choice
Which of the following aspects of a limited partnership differentiates general partners from limited partners?
A) Duration of the partnership in a company
B) Sharing of profits of a company
C) Financial contribution to a company
D) Participation in management of a company
Correct Answer:

Verified
Correct Answer:
Verified
Q23: A limited partnership is an agreement between
Q30: The individuals who are elected by stockholders
Q32: Choice of ownership determines the degree to
Q33: One reason a firm would consider a
Q34: The owner of a single-person LLC can
Q36: The locals residing near a small chemical
Q37: Red Tide Inc., an electronics manufacturer, merges
Q38: A partnership:<br>A) is a form of business
Q40: A _ is a contractual arrangement between
Q61: There is no limit on the number