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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 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 9/27/2013 7:07:42 AM
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As an artificial person, a(n) _____ can legally engage in almost any business activity a natural person can, including owning property, entering into binding contracts, and initiate legal actions.
Weegy: As an artificial person, an entity can legally engage in almost any business activity a natural person can, including own property, enter into binding contracts, and initiate legal actions. (More)
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Updated 7/28/2015 3:02:04 PM
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As an artificial person, a CORPORATION can legally engage in almost any business activity a natural person can, including owning property, entering into binding contracts and initiate legal actions.

Added 7/28/2015 3:02:04 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [7/28/2015 3:28:08 PM]
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.
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Asked 9/27/2013 7:34:56 AM
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A _____ maintains limited liability but offers more flexibility in terms of tax treatment than other forms of business ownership. Answer limited liability company sole proprietorship corporation limited liability partnership
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Updated 10/31/2014 11:02:50 AM
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A Limited Liability Company maintains limited liability but offers more flexibility in terms of tax treatment than other forms of business ownership.

Added 10/31/2014 11:02:50 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 9/27/2013 7:18:53 AM
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