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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
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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.
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Updated 196 days ago|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 196 days ago|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]
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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
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