The main difference between a general partnership and a limited partnership is that "<span>A general partnership has unlimited liability for all partners while a limited partnership has limited liability." In addition, the liability of the personal assets in a general partnership is its obligation.</span>
<span>a casual operation where few records are kept of income, expenses, stock and other items. </span>
If this question has the same list of choices as the ones posted before, the statement that does not accurately describe a characteristic of cash value for whole life insurance is:
"<span>Policy that accumulates cash value is less expensive than a policy that does not accumulate cash value."</span>
Answer:
If you by a condo, you can deduct your mortgage interests from your gross income, property taxes are also deductible, and you can also get a homestead exemption on your condo since it is your home.
Co-ops on the other hand are corporations that own a building, and you own shares of that corporation. It is very difficult and only under certain circumstances, you can deduct mortgage interest expenses on a co-op, but generally not. You cannot deduct property taxes since you do not own any property yourself and you cannot claim a homestead exemption for a co-op for the same reason.
That is why co-ops are usually cheaper than condos.
In the strategy implementation stage, there are certain things done to create and sustain a competitive advantage and this involves the definition of strategic goals.
<h3>What is Competitive Advantage?</h3>
This refers to the business situation whereby a company is able to outperform its competition.
Hence, we can see that when making strategic planning and implementation, there is the planning and making of contingencies for a meeting of set company goals to enhance the competitive advantage.
Read more about competitive advantages here:
brainly.com/question/26514848