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r At Sound Off, a store that buys and sells used CDs , there is only one general partner, Sonia. She spends all her time
At Sound Off, a store that buys and sells used CDs there is only one general partner, Sonia. She spends all her time running the business, and makes all the decisions. Sonia's mother and
brother put up money for her to buy the store, but they work full time at other jobs and have no management say in the running of Sound Offt, but share in some of the profits. This is an
example of a
Multiple Choice
master limited partnership.
general partnership.
limited partnership.
S corporation.
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