contestada

Which of the following is one important difference between a general partnership and a limited partnership? A. A limited partnership makes a single partner fully responsible for all of the business's debts. B. The partners in a limited partnership may only own a small percentage of the company's stock. C. A limited partnership allows some business decisions to be made individually. D. Every partner in a general partnership is fully responsible for the business's debts.

Respuesta :

Answer:

Every partner in a general partnership is fully responsible for the business's debts. (D.)

gauravsingh23VT

Every partner in a general partnership is fully responsible for the business's debts is one important difference between a general partnership and a limited partnership as the limited partnership is the investment they have enough investment.

What is partnership in organization?

When two or more than two people has decided to commence the business either with legal entity or by just words of mouth they are considered as partners.

The amount of investment each partner invest in the company is not compulsory in any ratio, the partners can invest the amount and share the profit and loss to that particular ratio only.

Thus, option D is correct.

For more details about partnership in organization, click here:

https://brainly.com/question/14570523

#SPJ2

Otras preguntas