What are the advantages of a limited partnership form of ownership?

Question:

What are the advantages of a limited partnership form of ownership?
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring Management

ISBN: 978-1119231936

5th edition

Authors: John R. Schermerhorn, Daniel G. Bachrach

Question Posted: