Which of the Following Would Correctly Differentiate General Partners from Limited

question 87

Multiple Choice

Which of the following would correctly differentiate general partners from limited partners in a limited partnership?

• A)general partners have more job experience.
• B)general partners have an ownership interest.
• C)general partners are subject to double taxation.
• D)general partners have unlimited personal liability.

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Definitions:

Clear Preference

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Evolutionary Theory

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Socially constructed norms, behaviors, and expectations that dictate the perceived appropriate ways for individuals to express masculinity or femininity in a given culture.

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