Three partners have formed a limited partnership with two limited partners each earning 5% of the profits and the general partner earning 90%.
While the general partner enjoys greater earnings, what is the disadvantage of being a general partner? (1 point)
O The general partner has unlimited liability.
O The general partner has little control over business decisions.
O The general partner has likely invested more into the business.
O The general partner has less business experience than the others.

Question

04-10-2022
Business

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Three partners have formed a limited partnership with two limited partners each earning 5% of the profits and the general partner earning 90%.
While the general partner enjoys greater earnings, what is the disadvantage of being a general partner? (1 point)
O The general partner has unlimited liability.
O The general partner has little control over business decisions.
O The general partner has likely invested more into the business.
O The general partner has less business experience than the others.

Sagot :

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