Ask Question
Social StudiesSocial Studies
3 June, 07:26

Which one of the following is true of a limited partnership?

a. This association is based on equal status of partners.

b. It allows the organizer to retain control rather than sharing it.

c. Obligations and debts are shared equally among all partners.

d. Limited partners can remain secret.

+4
Answers (1)
  1. 3 June, 07:31
    0
    The correct answer for the question that is being presented above is this one: "c. Obligations and debts are shared equally among all partners." The statement that is true of a limited partnership is that o bligations and debts are shared equally among all partners.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which one of the following is true of a limited partnership? a. This association is based on equal status of partners. b. It allows the ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Overconfidence among beginners: is a little learning a dangerous thing?
Answers (1)
Name the West African who became the first black bishop to be ordained by the Church of England.
Answers (2)
What was the ottoman conquest of Constantinople
Answers (1)
What economic and social problems did World War One cause for Russia and czar Nicholas
Answers (1)
As a result of the House of Representatives stripping its Speaker of several important powers in 1910-11, power flowed immediately to all of the following except:a. the party caucus b. individual members c. the rules committee d.
Answers (1)
New Questions in Social Studies
Why is Mathilde dismayed when her husband shows her the invitation to the ball at the palace of the Ministry? She thinks the people who will attend are beneath her class. She becomes nervous and anxious when she is in large crowds.
Answers (1)
An oligarchy is best defined as A. a government ruled by a dictator. B. a government ruled by a monarchy. C. a government ruled by a small, elite group. D. a government led by a large, select group.
Answers (2)
The First Party System refers to the period during George Washington's presidency when political parties first emerged in the United States. This resulted from disagreements over the proper role of the national government.
Answers (1)
What are natural resources
Answers (2)
What predictors of war were in place before fighting began?
Answers (2)
Home » Social Studies » Which one of the following is true of a limited partnership? a. This association is based on equal status of partners. b. It allows the organizer to retain control rather than sharing it. c.
Sign Up Forgot Password?