menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Entrepreneurship Successfully Launching
  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 14

Question 14

True/False

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

Correct Answer:

verifed

Verified

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

Related Questions

Q9: A narrow group of businesses are required

Q11: The Savvy Entrepreneurial Firm feature in Chapter

Q15: A disadvantage of corporations is that they

Q16: Which of the following is a disadvantage

Q18: Most C corporations have two classes of

Q25: _ are a special form of incentive

Q54: Which of the following is an advantage

Q58: A disadvantage of a general partnership is

Q60: Choosing a legal entity for a firm

Q72: _ is the process in which an

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