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A ________ is a partnership in which each partner has unrestricted accountability only for his or ...
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A ________ is a partnership in which each partner has unrestricted accountability only for his or ...
A ________ is a partnership in which each partner has unrestricted accountability only for his or her own actions and at least some degree of responsibility for the partnership as a whole.
▸ master limited partnership
▸ general partnership
▸ sole proprietorship
▸ combined proprietorship
▸ limited liability partnership
Textbook
Business in Action
Edition:
9
th
Authors:
Bovee, Thill
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limited liability partnership
A limited liability partnership is a partnership in which each partner has unlimited liability only for his or her own actions and at least some degree of limited liability for the partnership as a whole.
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