Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. compare and contrast the limited liability company

Compare and contrast the limited liability company with a general partnership. Perform the same analysis regarding...

50.1K

Verified Solution

Question

General Management

Compare and contrast the limited liability company with ageneral partnership. Perform the same analysis regarding thelimited liability company and a corporation.

Answer & Explanation Solved by verified expert
4.4 Ratings (922 Votes)
Limited Liability Partnership Similar to General Partnership No personal liability for negligence of another partner Used by accountants lawyers and professionals In the United States    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

For 5 and 6 remember that the bearing is the angle that the line of...

Geometry
Q

A company’s Balance Sheet (in millions) Assets                                                             Liabilities & Equity Current                        $  80               Net Fixed                    $120                            Bonds ($1000 Par)                  130                                                                         Preferred stocks ($100 Par)   40 Total                           $200                            Common Stock ($1 par)         30                                                                         Total                                       $200 The company's bonds have 10...

Finance
Q

Describe briefly the breakdown of liquids below intrinsic strength due to 3 types of impurities.

Electrical Engineering
Q

3 R RB R 4 Information is not sufficient 16 Variation of current passing through...

Physics
Q

Tutorial Exercise The position function of a particle is given by r t t 4t...

Calculus
Q

1 Find the derivative of y x 1 x 1 in two ways by using...

Calculus
Q

3 Let f x x 2x 2x8 x 2 What is the domain of f...

Calculus
Q

Find the equation of a sphere with radius r and center Po r 1 Po...

Algebra
Q

Assessing a Boeing Value Creation Identify and assess a major value creation activity evident in...

Accounting
Q

The following budgeted production and sales information is for Flushing Company for the month of...

Accounting
Q

Which of the following is a proper reflection of the sequence of steps when deciding...

Accounting
Q

Discuss the conflict that exists between our want and should selves. How does this conflict...

Accounting