A Relatively New Form of Business Organization That Protects Partners

question 12

Short Answer

A relatively new form of business organization that protects partners with limited liability, allows limited partners to assume an active management role, and is taxed as a partnership is a __________.

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Definitions:

Burial Group

A collection of artifacts or remains placed together in a grave, typically from the same period or culture.

Early Medieval Tradition

A period in European history spanning from the 5th to the 10th century, characterized by the development of unique cultural, artistic, and architectural traditions.

Sutton Hoo

An early 7th-century Anglo-Saxon burial site in Suffolk, England, significant for its ship burial and magnificent treasure, shedding light on the Anglo-Saxon era.

Universal Authority

A concept describing an entity or principle that is recognized as having the highest power or legitimacy across all jurisdictions or spheres.