Partnerships Refer To More Than One Owner The Difference Between A General Partn 1

Partnerships refer to more than one owner. The difference between a general partnership and a limited

partnership is a ______________.

Select one:

a. general partnership is a shadow firm for a much larger corporation. It is like a shell company to dispose of risky assetsb.  limited partnership consists of general partners and limited partners, at least one of eachc.  limited partnership is taxed similar to a corporation, whereas a general partnership is taxed like a sole proprietorshipd. limited partnership is limited by the number of partners allowed. There can only be a total of 10 partners actively involved in the business

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