hi, can you please help me answer question 5-10? thank you!

Question 5 (10 points) Which business entity is organized under articles of partnership? O a. Ob. Limited liability company Oc. Proprietorship Od. General partnership Joint and several partnership

2uestion 7 (10 points) Which of the following statements about a joint venture is FALSE? a. Individuals form it to conduct a single, or very limited, business activity. b. It is a less formal association and contemplates a single transaction. c. It can be the plaintiff in a lawsuit without involving the individuals who form the joint venture. d. The joint venture is terminated at the conclusion of the event or project. Question 9 (10 points) John and Tom were partners in Commercial Properties, GP. The business had two prosperous years, but then the following year experienced substantial losses, and has suddenly found itself in great debt. Which of the following is true about John and Tom? a. Tom can sue John for the debt incurred. c. Both partners have limited liability for the partnership debts. d. Both partners have unlimited personal liability for the debts of the partnership. Question 8 (10 points) The characteristics of a joint venture include the following EXCEPT: a. Association formed for a limited time or purpose. c. Includes a general partner. d. Formed to complete a single business transaction. estion 10 (10 points) Bill is a limited partner in K\&L Limited Partnership. Which of the following statements about his partnership nterests is true? a. Bill has a right to make management decisions for K&L. b. Bill must share in all K&L 's losses. c. Bill has no rights to share in K\&L's profits. d. Bill must share some of K\&L's losses. Which business entity is organized under articles of partnership? a. Joint and several partnership b. Limited liability company c. Proprietorship d. General partnership Question 6 (10 points) Caroline hired Jason to restore the engine of her classic car. In return, Jason agreed to accept payment based on the winnings at the classic car show. Caroline agreed to share the winnings as payment. Their arrangement is a a. joint venture b. proprietorship c. general partnership d. limited partnership