Type of partnership in which liabilities are limited for business owners is classified as

A unlimited partnership
B limited partnership
C joint corporate
D joint venture

Correct Answer: limited partnership

Type of partnership in which liabilities are limited for business owners is classified as limited partnership. A limited partnership (LP) not to be confused with a limited liability partnership exists when two or more partners unite to conduct a business in which one or more of the partners is liable only up to the amount of their investment.
Bissoy MCQ
#Commerce #Financial Management

Related Questions

২০২০ সালে রাসনা কোম্পানির সম্পত্তি ৭০,০০০ টাকা কমেছে এবং দায় ১০০,০০০ টাকা বেড়েছে। ফলশ্রুতিতে মালিকানা স্বত্ব ___। (During 2020 Rashna Company's assets decreased by Tk. 70,000 and liabilities increased by Tk. 1,00,000. Its owners' equity, therefore ____.)
A ১,৭০,০০০ টাকা বেড়েছে (increased by Tk 1,70,000)
B ১,৭০,০০০ টাকা কমেছে (decreased by Tk 1,70,000)
C ৩০,০০০ টাকা বেড়েছে (increased by tk 30,000)
D ৩০,০০০ টাকা কমেছে (decreased by Tk. 30,000)
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.
A Sole proprietorship
B Entrepreneurship
C Partnership
D Corporation
Type of risk in which value of liabilities and assets is affected by exchange rate is classified as
A economic rates
B foreign exchange risk
C selling rate
D buying rates
Shares or stocks which are protected against withdrawals of funds by an original stock owners are classified as
A protected shares
B founders shares
C withdrawal shares
D original shares
Step in initial public offering in which hired agents act on behalf of owners is classified as
A hiring problems
B agency problems
C corporation internal problems
D corporation external problems
Two friends M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk 5 Lac and acquired 20% shares in the business. What is the share of M in the business now ?
A 20%
B 24%
C 28%
D 32%
Two friend M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk. 5 lac and acquired 20% shares in the business. What is the share of M in the business now?
A 20%
B 24%
C 28%
D 32%
The net increase in owners' equity resulting from business operations is called
A expense
B earnings per share
C net income
D revenue
Risk of financial institutions which states mismatching assets maturities and liabilities maturities is classified as
A selling intermediation
B maturity intermediation
C direct intermediation
D indirect intermediation
When maturities of liabilities and assets are mismatched and risk incurred by financial intermediaries then this risk is classified as
A interest rate risk
B channel rate risk
C economic risk
D issuance risk

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