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Kazeer [188]
1 year ago
7

Aaron and Jerard form a partnership, with Aaron as general partner and Jerard as a limited partner. Which of the following is tr

ue
SAT
1 answer:
statuscvo [17]1 year ago
7 0

Option D. Of these options the answer that is true about the partnership is two of these.

<h3>What is a partnership?</h3>

This is the term that is used to refer to the situation where two people or more may jointly decide to run and own a business.

The two people are involved and liable for the business. When a partner dies the partnership dissolves.

Hence two options are correct. These are:

  • If Jerard dies, the partnership will dissolve.
  • Jerard will not be personally liable for business debts.

Read more on partnership here:

brainly.com/question/25012970

#SPJ1

<h3>Complete question</h3>

Aaron and Jerard form a partnership, with Aaron as general partner and Jerard as a limited partner. Which of the following is true? (Points : 1)

Aaron will be fully personally liable for business debts.

Jerard will not be personally liable for business debts.

If Jerard dies, the partnership will dissolve.

Two of these

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