menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Entrepreneurial Finance
  4. Exam
    Exam 3: Organizing and Financing a New Venture
  5. Question
    In a General Partnership,legal Action That Treats All Partners Equally
Solved

In a General Partnership,legal Action That Treats All Partners Equally

Question 43

Question 43

Multiple Choice

In a general partnership,legal action that treats all partners equally as a groupis called:


A) joint and several liability
B) joint liability
C) limited liability
D) accrued liability
E) general liability

Correct Answer:

verifed

Verified

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

Related Questions

Q22: Limited liability in the corporate business structure

Q31: Which form of business organization typically offers

Q34: The rules and procedures established to govern

Q38: A trademark must be novel in order

Q38: Following is a partial 2009 personal income

Q44: Based on 2009 tax schedules,the highest marginal

Q45: Which of the following is not a

Q48: Following is a partial 2009 personal income

Q79: A limited partnership limits certain partners' liabilities

Q93: Most trademarks take the form of names,

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