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A limited liability partnership (LLP) is attractive to partners because Answer it allows “full shield” protection no matter in what state you operate. there is no distinction between limited
and general partners. only the partner who provides the capital has limited liability. professional businesses can form LLPs in any state.
In a limited partnership, only the partner who provides the capital can have limited liability. Industrial partners cannot be a limited partner.
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Asked 340 days ago|9/27/2013 7:41:04 AM
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Not all corporations are large. In recent years, about 24 percent of corporations have reported less than _____ in total sales revenue. a)$100,000 b)$25,000 c)$1,000,000 d)$50,000
Weegy: Not all corporations are large. In recent years, about 24 percent of corporations have reported less than $1,000,000 in total sales revenue. Therefore the answer is $1,000,000. (More)
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Asked 340 days ago|9/27/2013 7:07:42 AM
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For the franchisee, the advantages of a franchise arrangement often include Answer a. less risk and easier access to funding. b.unlimited and unrestricted opportunities for growth. c. low cost of formation. d freedom and flexibility in management.
Weegy: For the franchisee, the advantages of a franchise arrangement often include a. less risk and easier access to funding. (More)
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Asked 340 days ago|9/27/2013 7:34:56 AM
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In an acquisition, the firm being purchased is the _____ and the firm which is purchasing the other firm is the _____ general corporation B)partner C)franchisor D)franchisee
Weegy: In an acquisition, the firm being purchased is the FRANCHISOR and the firm which is purchasing the other firm is the FRANCHISEE. (More)
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Asked 340 days ago|9/27/2013 7:18:53 AM
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_____ is the contractual relationship in which an established firm supplies another business with unique resources in exchange for payment and other considerations? 1. Franchising 2. Formalizing 3. Formatting 4. Articles of incorporation
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Updated 75 days ago|6/18/2014 10:38:36 AM
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FRANCHISING is the contractual relationship in which an established firm supplies another business with unique resources in exchange for payment and other considerations.

Added 75 days ago|6/18/2014 10:38:36 AM
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