Question: true or false 3. A limited partnership has 1 or more general partners partners who have limited liability and 1 or more partners whose liability

true or false

3. A limited partnership has 1 or more general partners partners who

have limited liability and 1 or more partners whose liability is limited only to their Invested capital.

4. Private corporations have a limit on their number of shares

Available.

5. Public corporations provide many advantages to investors including

Limited liability

..6. In corporations the investors elect managers who then select a board

of Directors.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!