A Manifest Is an Internal Document of the Shipping Company

question 52

True/False

A manifest is an internal document of the shipping company and is not examined by government entities.

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Definitions:

Limited Partnership

A business structure where at least one partner has unlimited liability and other partners have liability limited to the amount of their investment.

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, protecting them from the debts of the partnership beyond their investment.

General Partner

A type of owner in a partnership who has unlimited liability and is actively involved in the management of the business.

Entrepreneur

An individual who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.