This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe what is meant by a general partnership and a limited partnership. Describe the major ... (Read 95 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jul 6, 2018
Describe what is meant by a general partnership and a limited partnership. Describe the major difference between the two.
 
  What will be an ideal response?

Question 2

Google and its AdWords program is an example of a ________ disruptive business model.
 
  A) low-end
  B) new-market
  C) high-quality
  D) low-price
  E) new-channel


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

okolip

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jul 6, 2018
Answer to Question 1

A general partnership is a form of business organization where two or more people pool their skills, abilities, and resources to run a business. A limited partnership is a modified form of a general partnership. The major difference between the two is that a limited partnership includes two classes of owners: general partners and limited partners. Similar to a general partnership, the general partners are liable for the debts and obligations of the partnership, but the limited partners are liable only up to the amount of their investment.

Answer to Question 2

B


Marty

  • Member
  • Posts: 553
Reply 2 on: Jul 6, 2018
Gracias!

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Major causes of hospitalization Major causes of hospitalization
General features of a growth factor or hormone signalling pathway that promotes cell division General features of a growth factor or hormone signalling pathway that promotes cell division
Major features of the Solar System (not to scale) Major features of the Solar System (not to scale)
As a biochem major As a biochem major
Major Diagnostic Categories of Mental Disorders Cont Major Diagnostic Categories of Mental Disorders Cont
Major Categories of Long-Term Memory Major Categories of Long-Term Memory
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library