Home › BBA › Business Studies › Mergers and Franchising › A partnership with some partners of unlimited li…
A partnership with some partners of unlimited liability and others of limited liability is a:
ALimited corporation
BLimited partnership
CLimited proprietorship
DLimited cooperative
Answer & Solution
Correct answer: B. Limited partnership
1. General partners carry unlimited liability.
2. Others are limited.
3. It is a limited partnership.
_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
Related questions
Two firms wanting to pursue one project together without merging would set up a:Which form protects an owner's personal assets from the firm's debts?The owner of a small shop wanting complete personal control would choose a:A takeover financed by very large amounts of borrowed money is a:A media firm buys an unrelated food business to spread its risk. That is a:A carmaker buys the firm that supplies its tyres. That is a:Two supermarket chains at the same stage of the same industry combine. That is a:The purchase of a target company by another corporation or an investor group is an: