A limited liability company is a combination of some of the best features of both the partnership and sole proprietorship forms of business.
Correct Answer:
Verified
Q51: If limited liability is your primary concern,
Q52: At least one general partner is required
Q53: The difference between general and limited partnerships
Q54: The difference between a limited partnership and
Q55: ABC partnership has $500,000 in income before
Q57: Any company may become a limited liability
Q58: The share of revenue from corporations in
Q59: A stockholder is any party affected by
Q60: For a given company, economic profit will
Q61: A stakeholder is any party affected by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents