Ask Question
8 November, 21:15

Which of the following require (s) a formal filing to be recognized as a valid business entity? A) all business entities B) a limited partnershipC) a general partnershipD) a sole proprietorship

+1
Answers (1)
  1. 8 November, 21:46
    0
    The correct answer is letter "B": a limited partnership.

    Explanation:

    A Limited Partnership involves two or more partners conducting business but one is only liable for his capital investment. They are also called silent partnerships or Limited Liability Partnerships (LLPs). Limited partnerships are governed mostly by the U. S. states and require filing in front of the Secretary of State so it can be recognized as a business.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following require (s) a formal filing to be recognized as a valid business entity? A) all business entities B) a limited ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers