QUESTION
5. Will and Bill both enjoy sunshine, water, and surfboards. Thus, the two friends decided to create a business together
Category: Business
Subject: Finance
Due Date: 01/28/2016
Question Asked: 2016-01-28 16:56:52
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User: ZAZU2014
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5. Will
and Bill both enjoy sunshine, water, and surfboards. Thus, the two friends
decided to create a business together renting surfboards, paddle boats, and
inflatable devices in California. Will and Bill will equally share in the
decision making and in the profits or losses. Which type of business did they
create if they both have full personal liability for the firm's debts?
A. Sole proprietorship
B. Limited partnership
C. Corporation
D. Joint stock company
E. General partnership
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5. Will and Bill both enjoy sunshine, water, and surfboards. Thus, the two friends decided to create a business together
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Posted on 2016-01-28 17:14:55
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...lly share in the decision making and in the profits or losses. Which type of business did they crea...
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