In a general partnership, all partners share in management of the business and in the liability for the firm's debts.
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A limited partner is an owner who assumes no management responsibility and has no liability for losses beyond the amount invested.
A. 对
B. 错
One of the major disadvantages of a partnership is that profits must be divided equally.
A. 对
B. 错
Compared to sole proprietorships, an advantage of partnerships is their ability to obtain more financial resources.
A. 对
B. 错
A corporation can raise financial capital by selling shares of stock to interested investors.
A. 对
B. 错