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Dr. Ruiz shares equal responsibility and liability with her colleagues in their medical practice. What kind of partnership is her practice? sole proprietorship limited liability partnership (LLP) general
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Dr. Ruiz shares equal responsibility and liability with her colleagues in their medical practice. What kind of partnership is her practice?

sole proprietorship

limited liability partnership (LLP)

general partnership

limited partnership

User Khorshed Alam
by
6.2k points

2 Answers

2 votes

Answer:

general partnership

Step-by-step explanation:

User Bmoran
by
6.4k points
7 votes
The answer is general partnership. Since, general partnership is an arrangement by which two or more persons agree to share in all assets, profits, and financial and legal liabilities of business. 
User Kerp
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