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matrenka [14]
3 years ago
5

Unlike a general partnership, in a limited partnership

Business
1 answer:
Trava [24]3 years ago
7 0

In a limited partnership:

The inactive partner has limited liability for the business's debts

Explanation:

In a general partnership all partners share equal financial responsibility for the firm's decisions.

This means that all partners are supposed to have equal liabilities but hat is not the case for limited ones.

In limited partnerships there is a general partner who owns most of the business and has most of the availability and the limited partner has pooled resources for the business but has very little personal responsibility to it.

This model is usually there when the firm needs some investors and the person running business is usually the owner only.

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Answer:

Advertising campaign.

Explanation:

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4 0
3 years ago
_____ refers to the movement of products through more than one channel to reach the firm's target market. select one:
julia-pushkina [17]
B - dual distribution

6 0
3 years ago
If industry rivalry is very high we can expect profit margin low.<br> True<br> False
Kobotan [32]

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3 years ago
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erica [24]

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4 0
3 years ago
Reedy Company reports the following information for 2012:
asambeis [7]

Answer:

Ending WIP= $13,500

Explanation:

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