Question

Larry is willing to invest a significant amount of money in the business and wants to work with you on a day-to-day basis in the operations of the business. If you choose to go into business with him, which form of non-corporate business ownership would be best suited for the business?

Answer 1

General partnership.

Step-by-step explanation:

I got this one right and all of the other questions so

I got 100% !!!!!!!!!!!!!!!

Answer 2

The correct answer is: General partnership.

Step-by-step explanation:

A General partnership is an organization where two or more owners operate the business. General partners usually share management duties profits and losses equally regardless of their partnership interest percentage. However, each partner ultimately has unlimited liability.