Asked by
Matthew Beeve
on Dec 18, 2024
Verified
Which of the following is not a type of partnership?
A) Limited partnerships
B) General partnerships
C) Limited liability partnerships
D) Limited liability company
E) Cooperative
Limited Liability Company
An organizational model blending the direct taxation advantage of partnerships or sole proprietorships with the restricted liability characteristic of corporations.
- Comprehend the fundamental principles and variances among sole proprietorships, partnerships, limited liability companies (LLCs), corporations, and cooperatives.
Verified Answer
DS
Learning Objectives
- Comprehend the fundamental principles and variances among sole proprietorships, partnerships, limited liability companies (LLCs), corporations, and cooperatives.
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