Unlimited liability

by | Nov 6, 2021 | Assignment

1. Which of the following is most likely to have unlimited liability? a. silent shareholder b. general partner c. limited liability partner d. unlimited shareholder

2. Which of the following is NOT an advantage of a partnership? a. One partner can make decisions that bind all other partners. b. Risk can be shared. c. It is easy to set up. d. Partnerships involve few legal requirements.

3. Which of the following statements is CORRECT? a. The cooperative is a special form of the partnership structure. b. Profit sharing plans are available to corporations, sole proprietorships and partnerships. c. If a start-up business is incorporated, a bank will normally require personal guarantees on any business loans. d. In a limited partnership, each partner has a hand in managing the business.

We help you get better grades, improve your productivity and get more fun out of college!!

Homework Answers Online

Free title page

Free reference page

Free formatting

Unlimited revisions

WhatsApp chat

How it works – it’s easy


Place your Order

Submit your requirements through our small easy order form. 

Make a payment

The total price of your order is based on the type of assignment, number of pages, academic level and deadline.


Order process

We assign the assignment to the most qualified tutor. 

Once it’s complete, we’ll send your assignment to the email provided on the order form, and you can submit it on time.

Achieve academic success with the best online tutors