Author Question: What type of business entity is a business organization like a general partnership in that it ... (Read 64 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
What type of business entity is a business organization like a general partnership in that it consists of two or more people who are co-owners of a business for profit but not all of the co-owners of the business are involved in the management and operation of the business?
 
  a. Limited partnership
  b. Business corporation
  c. Limited liability partnership
  d. Limited liability company

Question 2

What is typically included in a memorandum?
 
  A) Facts and issue only
  B) Facts, issue, and analysis
  C) Facts, issue, and fees
  D) Facts, issue, and statute of limitation



Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

a

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

For a complete list of videos, visit our video library