Final answer:
A limited partnership requires a minimum of one limited partner and one general partner. The correct choice is 'a. One, one.' Limited partners have limited liability, whereas general partners handle day-to-day management and have unlimited liability.
Step-by-step explanation:
A limited partnership must have at least one limited partner and one general partner. So, the correct answer to the question is "a. One, one". A limited partnership is a form of business where the limited partners have limited liability to the extent of their investment in the company, while the general partners have unlimited liability and are responsible for managing the enterprise.
In contrast, a general partnership involves two or more partners who share both the responsibilities and profits of running the business. This keeps everyone actively involved in the management and operating decisions of the business.