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Murljashka [212]
3 years ago
11

Although Lou Banfilter, now a young attorney, is impressed with Car Keepers and believes it could be a good investment, he told

Genna that his professional position at a law firm prevents him from taking an active role in the business. He is also concerned about accepting more risk since he and his wife are expecting a child. He mentioned a preference for limited liability. If Lou joined Genna and Al, the three might consider forming a:________. A) limited partnership. B) general partnership. C) sole proprietorship. D) master limited partnership.
Business
1 answer:
BARSIC [14]3 years ago
5 0

Answer: (A) Limited partnership

Explanation:

 According to the given question, the limited partnership is one of the type of investment that basically managing the business and also the various types of private liabilities.

A limited type of partnership contain atleast one partner and one GP that helps in contributing financially. All the three person are forming the limited partnership that helps in extended the overall investment money as they mentioned about the limited liabilities and also their specific preferences.

 Therefore, Option (A) is correct answer.

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Unlike sole proprietorship and partnerships, the corporation has a life independent of its owners and officers. true or false
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<h3>What is Partnership?</h3>
  • In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
  • Organizations may work together to expand their reach and increase the likelihood that each will succeed in reaching their goals.
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To learn more about partnership with the given link

brainly.com/question/19988417

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