MCQs > Entrepreneurship & Leadership > Entrepreneur Challenge > True or False: In a limited partnership the day-to-day operations are controlled by general partners and funded by limited or silent partners who are legally responsible for losses based on the amount of their investment.

Entrepreneur Challenge MCQs

True or False: In a limited partnership the day-to-day operations are controlled by general partners and funded by limited or silent partners who are legally responsible for losses based on the amount of their investment.

Answer

Correct Answer: True

Explanation:

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Entrepreneur Challenge Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it