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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 Off!, but share in some of the profits. This is an example of aa.general partnership

b.master limited partnership
c.S corporation
d.limited partnership

1 Answer

3 votes

Answer:

D. Limited partnership

Step-by-step explanation:

This is an example of a limited partnership

User Matteo Migliore
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