How does a limited partnership differ from an unlimited partnership?

How does a corporation differ from a sole proprietorship or partnership?

Answer:

In a sole proprietorship, the owner has the liability for the business debt, in a partnership, this responsibility is shared etc

Vincent Barroga at ChaCha Visit the source

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Other answers

Corporations are a separate entity from the owners and need filing to form, where a sole proprietorship are not and don't need.

Stephanie H.

Partnerships and sole proprietorships do not provide limited personal liability for business debts.

Scott R.

Corporations are a separate entity from the owners and need filing to form, where a sole proprietorship are not and don't need.

Partnerships and sole proprietorships do not provide limited personal liability for business debts. Thanks for choosing

Vivian Mayhew

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