A CORRECT difference between a company and a partnership is:

Select one:

a.

A company is not a separate legal entity but a partnership is;

b.

A company has limited liability to its creditors but a partnership has unlimited liability to its creditors;

c.

A company does not have perpetual succession but a partnership does;

d.

A company is managed by partners and a partnership is managed by directors;

e.

A company can sue and be sued in its own name but in a partnership, the partners sue or are sued.