Define and describe the structure of limited partnership

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1. Define and describe in detail a Sole Proprietorship and a General Partnership. In your answer compare the similarities that these two forms of business operation share. In addition set forth the differences that exist as between these two business entities.

2. Define and describe the structure of a Limited Partnership. Describe the hierarchy of this type of business organization. Describe the advantages and disadvantages of conducting a business enterprise as a limited partnership.

3. Is there an obligation to give back, or just something nice to do?

Reference no: EM132307080

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