Author Question: What type of business entity is a business organization like a general partnership in that it ... (Read 125 times)

Marty

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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

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Answer to Question 1

a

Answer to Question 2

B



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