Question: 1 . Which partnership or limited liability entity does NOT include general partners? General partnership Limited partnership Limited liability company ( LLC ) Limited liability
Which partnership or limited liability entity does NOT include general partners?
General partnership
Limited partnership
Limited liability company LLC
Limited liability partnership LLP
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What questions should you ask when determining what partnership entity structure to create?
What type of owners are entering the business?
Which owners are participating in management and how do they wish to participate?
What type of liability owners are willing to tolerate?
What type of partnership structure best suits the type of business the entity will be operating in
All of these choices are correct.
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