1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
love history [14]
3 years ago
9

Limited partnership

Business
2 answers:
ad-work [718]3 years ago
4 0

Answer:

A limited partnership (LP)—not to be confused with a limited liability partnership (LLP)—is a partnership made up of two or more partners. The general partner oversees and runs the business while limited partners do not partake in managing the business. However, the general partner has unlimited liability for the debt, and any limited partners have limited liability up to the amount of their investment. Generally, a partnership is a business owned by two or more individuals. There are three forms of partnerships: general partnership, joint venture, and limited partnership. The three forms differ in various aspects, but also share similar features.In all forms of partnerships, each partner must contribute resources such as property, money, skills, or labor to share in the business' profits and losses. At least one partner takes part in making decisions regarding the business' day-to-day affairs.All partnerships should have an agreement that specifies how to make business decisions. These decisions include how to split profits or losses, resolve conflicts, and alter ownership structure, and how to close the business, if necessary. LPs are often formed to manage passively ran businesses and for raising money for investment purposes.

Explanation:

qaws [65]3 years ago
4 0
A limited partnership is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners, a limited partnership must have at least one GP and at least one limited partner.
You might be interested in
Research three successful entrepreneurs. Directions Use the Internet to research any three successful entrepreneurs of your choi
Natalka [10]

Conducting research on three successful entrepreneurs, we came to three relevant names in the current scenario, which are Jeff Bezos, Steve Jobs and Mark Zuckerberg.

Now let's briefly learn a little more about the profile of each of them:

<h3>Jeff Bezos</h3>

Jeff Bezos is the richest man in the world right now. His success story begins with the visionary idea of ​​founding Amazon in 1994, the pioneer in e-commerce in the world.

The essential characteristics of Bezos to be so successful were his visionary, methodical and innovative personality, since already at the beginning of his entrepreneurial trajectory, he was transparent with the shareholders that the company would take at least five years to generate profits.

<h3 /><h3>Steve Jobs</h3>

He founded Apple in 1976, one of the most valuable computer companies in the world, whose products revolutionized the history of personal computers, cell phones, music, etc.

Jobs' characteristics that helped him to create a successful brand were his persistence, hard work and perfectionism with which he performed his tasks.

<h3>Mark Zuckerberg</h3>

He became known for being the creator of faceb00k in 2004, the most accessed social network in the world, which expanded rapidly, with the acquisition of the most downloaded apps of the decade and made Zuckerberg one of the most successful entrepreneurs of the world.

His reserved and work-focused personality meant that he took advantage of opportunities to improve and extend his business, from acquiring new social media and innovating his company to a media and technology conglomerate.

Therefore, through the profile of these three famous entrepreneurs, it is possible to perceive similar character traits that were vital to the success of their companies, such as being a visionary leader, seeing unique opportunities to innovate through persistence and hard work.

Find out more information about entrepreneurship here:

brainly.com/question/353543

6 0
2 years ago
For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal
Naya [18.7K]

Answer:

Present Value = Future Value / ( 1 + interest rate) ^ years

1. Present Value = 15,251 / ( 1 + 7%)¹³

= $6,328.62

2. Present value = 49,557 / (1 + 13%)⁴

= $30,394.24

3. Present value = 884,073 / ( 1 + 14%)²⁹

= $19,780.96

4. Present Value = 548,164 / (1 + 9%)⁴⁰

= $17,452.22

4 0
3 years ago
Refers to the work processes associated with shortening the time of delivering a product or service
NARA [144]
The term that is being described above is EXPEDITING. From the term itself, expedite means to a process of making something happen sooner or immediately. When it comes to business, expediting is a term that refers to the management of purchases wherein the products are being delivered and arrived in a timely fashion while maintaining its quality.
7 0
3 years ago
In recent years, the United States has Group of answer choices had a large goods trade surplus with the rest of the world. expor
Elanso [62]

Answer:

exported more services abroad than it has imported.

Explanation:

The US in recent years have been the largest exporter of services in the world. The United states is as of today known as a global leader in services export which has been seen to grow seven fold over the past 34 years especially from areas like insurance and financial services. From an average of 40 countries(both emerging and advanced economies), the country has the lowest trade barriers in 14 out of 18 services sectors.

6 0
3 years ago
Market offerings are some combination of products, services, information, or experiences offered to a market to satisfy a need o
Rufina [12.5K]

Answer:

True

Explanation:

Market offerings can be defined as a company's complete offer to its customers and target market, including the product it sells, delivery, technical support, etc.  

Market myopia happens when the company has an inward looking approach, the company wants to sell what they produce, not what consumers' need and want. This will eventually lead to business failure since the company will not be able to adapt to market changes, e.g. Nokia insisted on manufacturing regular cellphones instead of smartphones because it was the world leader in the manufacturing of regular cellphones.

4 0
3 years ago
Other questions:
  • A perfectly competitive industry consists of many identical firms, each with a long-run average total cost of LATC = 800 – 10Q +
    5·1 answer
  • In the TEQUILA MINI CASE, the bartender in the Viva advertisement is intended to suggest that Viva Vodka is trendy and foreign.
    15·1 answer
  • Buffalo in the United States almost became extinct while cattle, an animal that provides similar products, never has been close
    14·1 answer
  • Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil
    15·1 answer
  • National Storage employs 88 workers with a gross monthly payroll of $135,000. Fringe benefits are 8.6% of payroll for a profit s
    9·1 answer
  • You want to borrow $93,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,850, but no
    10·1 answer
  • Choose the behaviors that are exhibited by someone who is using critical thinking.
    12·1 answer
  • The envrionmental disadvanteges associated with natural gas include : ____________
    8·1 answer
  • iscuss the burden placed on people or organizations contacted as references for job candidates. How do organizations cope with t
    12·1 answer
  • The nurse is assessing a client who had knee replacement surgery. which assessment finding gathered by the nurse is an example o
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!