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Author Question: How does a limited partnership differ from a general partnership? What will be an ideal ... (Read 55 times)

roselinechinyere27m

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on: Aug 3, 2018
How does a limited partnership differ from a general partnership?
 
  What will be an ideal response?

Question 2

List three benefits of operating a business as a sole proprietorship.
 
  What will be an ideal response?


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bookworm410

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Reply #1 on: Aug 3, 2018
Answer to Question 1

Limited liability for the limited partners and regulatory requirements.

Answer to Question 2

Ease of formation, total management control, total financial benefit.


roselinechinyere27m

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

abro1885

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Reply 3 on: Yesterday
Excellent

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