Use the search feature on your favorite business news site on the Web (e.g., CNN, Bloomberg, or Fox News) and search for news on partnerships, LLCs, or limited partnerships. What entities did you find that are taking advantage of the partnership entity form? (Make sure these entities are truly legal partnerships. Some entities called “partnerships” by the news media actually involve transfers of stock or formation of a corporation to manage the joint venture.)

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A limited partnership LPnot to be confused with a limited liability partnership LLPis a partnership ... View the full answer