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The Difference Between a Limited Partnership and a General Partnership

question 72

True/False

The difference between a limited partnership and a general partnership is that the limited partnership has partners who actively manage the day-to-day operations but also has passive investors.


Definitions:

Left Africa

Refers to the migration of Homo sapiens out of Africa approximately 60,000 to 80,000 years ago, leading to the eventual global distribution of humans.

Monophyletic

Describes a group of organisms that are classified in the same taxon and share a common ancestor.

Polyphyletic

Describes a taxonomic group that does not share an immediate common ancestor and therefore does not form a clade.

Clade

A single “branch” in the tree of life; each clade represents an organism and all of its descendants.

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