Can you think of any material difference between a general


Can you think of any material difference between a general partnership and a limited liability company in terms of the advantages that we see in a general partnership in terms of management of the business and tax advantages? If not, can you see any reason to use a general partnership any longer when we have a limited liability company as an alternative that gives us limited liability we would not enjoy in a general partnership?

Solution Preview :

Prepared by a verified Expert
Business Management: Can you think of any material difference between a general
Reference No:- TGS01540310

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)