Which of the Following Has Most of the Characteristics of a General

question 20

Multiple Choice

Which of the following has most of the characteristics of a general partnership except that it significantly reduces the partners' liability?

• A) General Partnership.
• B) Limited Partnership.
• C) Subchapter S Partnership.
• D) Limited Liability Partnership.
• E) Limited Liability Company.

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Exchange Rate

The rate at which one currency can be exchanged for another.