Question: Please help me with these, and check the last one. Thank you lots! Limited partners benefit from which of the primary advantages? Multiple Choice They
Please help me with these, and check the last one. Thank you lots!



Limited partners benefit from which of the primary advantages? Multiple Choice They do not face any potential financial losses. They have control over the administrative affairs of the partnership. Their maximum loss cannot exceed the amount of their capital investment. C They have the opportunity to earn tax-free income. Their responsibility for the firm's debts is prorated based on their percentage of ownership. A limited liability company: Multiple Choice is taxed similarly to a partnership. is taxed similarly to a C corporation. can only have a single owner. generates totally tax-free income. is comprised of limited partners only. Which of the following actions would be most likely to decrease agency costs for the firm? Multiple Choice Increase employees' salaries to exceed the salaries paid by competitors Pay all employees based on the amount of revenue generated by the firm Prohibit employees from becoming shareholders of the firm Pay bonuses to employees only if profits increase from one year to the next Reward high performing employees with shares of stock
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