Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Even in a Limited Partnership, at least one partner must be a general partner

Even in a Limited Partnership, at least one partner must be a general partner

Accounting

Even in a Limited Partnership, at least one partner must be a general partner. The sole proprietorship is only hard to transfer if the business is the owner, such as a doctor. In my experience, the most complex transfers are partnerships. LLCs that are member managed would be worse, but I have never had to deal with the transfer of one yet.

Why would a partnership be harder to transfer?

Option 1

Low Cost Option
Download this past answer in few clicks

2.87 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE