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WXWP WXWP
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6 years ago
Which of the following is not true of a limited liability partnership?
A) All partners are limited partners.
B) Most states restrict this form of ownership to certain types of professions such as attorneys, physicians, dentists, accountants, etc.
C) Although LLPs have many of the characteristics of partnerships, they are taxed as a corporation.
D) It must involve a general partner, a limited partner, a silent partner, and a dormant partner.
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
Author:
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MualoMualo
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6 years ago
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WXWP Author
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6 years ago
This helped my grade so much Perfect
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Thanks for your help!!
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Brilliant
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