BLAW: Which is the correct answer and why? I got 8/10 of these correct but I dont know which I got wrong and why it is wrong. (My answers are italicized and bolded)

1. Taylor and Darcy form a business as equal partners and file the requisite formation documents with their state government. Both Taylor and Darcy can participate in running the business, and each is personally liable for any debts/losses/liabilities that the partnership's assets cannot cover. In order to raise capital for the business, they seek and receive investments from Oliver, Amelia, and Abe, each of whom invests $50,000. However, none of the three investors can take part in the operation of the business, nor are they personally liable for the debts/losses/liabilities of the partnership or other partners. Which type of business do Taylor and Darcy have?
   1. Sole Proprietorship
   2. General Partnership
   3. Limited Partnership
   4. Limited Liability Partnership
   5. Limited Liability Company
2. Whitt and Jamie open a home-decorating business. Each can take part in operating the business. They agree to share in any profits equally. They file a formation document with their state that registers their business as one that limits/caps their business's liability at the amount of the assets that the business has, and states that each will own a membership interest in the business. Which type of business do Whitt and Jamie have?
   1. Sole Proprietorship
   2. General Partnership
   3. Limited Partnership
   4. Limited Liability Partnership
   5. Limited Liability Company
3. Whitt and Jamie open a home-decorating business. They do not file any formation documents) with their state, but they agree in writing that each of them can fully participate in operating the business and that they will split any profits equally. Which type of business do Whitt and Jamie have?
   1. Sole Proprietorship
   2. General Partnership
   3. Limited Partnership
   4. Limited Liability Partnership
   5. Limited Liability Company
4. True or False? An LLC can only be managed only by one of its members, and not by a nonmember.
5. Whitt and Jamie open a home-decorating business. They agree to share in any profits equally. They file a formation document with their state that registers their business as one that they each can run/operate but in which each of them is not personally liable for any losses/debts/liabilities caused solely by the other partner, or for any obligations of the partnership itself. Rather, each will only be personally liable for their own losses/debts/liabilities and for those caused by them as a pair. Which type of business do Whitt and Jamie have?
   1. Sole Proprietorship
   2. General Partnership
   3. Limited Partnership
   4. Limited Liability Partnership
   5. Limited Liability Company
6. The day-to-day management of a corporation is the job of the corporation's ___________.
   1. Board of Directors
   2. Officers
   3. Shareholders
   4. All of the above
   5. None of the above
7. Mick runs his tattoo parlor as a sole proprietorship. The business has total assets of $100,000, whereas Mick has personal assets of $200,000. After Mick negligently uses an unsanitary tattoo pen on a customer, the customer develops an infection and dies soon thereafter as a result. The customer's family sues Mick for negligence and is awarded damages of $850,000. Which of the following can be used to pay part of the damages that the family are owed?
   1. The business's assets ONLY
   2. Mick's personal assets ONLY
   3. The business's assets AND Mick's assets
8. True or False? Not every type of partnership is one that MUST be registered with a state government.
9. Which one of the following types of businesses is not required to file formation documents with the appropriate state government?
   1. General Partnership
   2. Limited Partnership
   3. Limited Liability Partnership
   4. Limited Liability Company
   5. Corporation
10. Guy and Angela own a company called G&A, Inc. Their company is registered as a corporation in Texas, where they both reside. Their company ________ double taxation.
    1. Is
    2. Is not
    3. Might be