How is a partnership like a limited liability corporation? (1 point)

Select one:
a. Both are incorporated.
b. Both have investors.
c. Both are inexpensive to start.
d. Both protect personal assets.

Respuesta :

MsTeel

B. Both have investors

Partnerships are not necessarily incorporated or protective of personal assets, and neither kind of business is necessarily inexpensive to start.

Answer:

Option B is correct

Both have investors.

Explanation:

  • Partnerships are also not generally organized or personal property are covered and neither particular business is typically economical to launch.
  • A lawful shape of business around people sharing administrators and profitability. In a relationship, the person run the business and take accountability for the liabilities as well as other responsibilities of the collaboration.
  • A limited liability company is a relationship which has restricted obligations for some or all members. Consequently, it can show collaboration and organizational features.