NO.PZ2023090502000008
问题如下:
Which of the following features least likely distinguish a general partnership from a limited partnership?
选项:
A.
Owner–manager relationship
B.
Owner liability of business debts and obligations
C.
Taxation
解释:
C is correct. Like sole proprietorships, partnerships are typically pass-through businesses for tax purposes. Pass-through businesses are not taxed at the entity level, passing on all their profits or losses to the partners who are taxed personally.
A is incorrect. The management of a general partnership is typically shared by the general partners, while in a limited partnership, the general partner often exercises most managerial responsibilities.
B is incorrect. In a general partnership, the partners are personally legally liable for business debt and actions undertaken by the company. In a limited partnership, only the general partner faces personal liability; limited partners’ liability is limited to their investment in the partnership.
题目是什么意思,另外limited partnership是什么。。。。。