Which of the following statements is false?
A) sole proprietorship is a type of limited partnership
B) a limit partnership, only one partner is required to be a general partner
In a limited liability partnership, all partners are limited partners
there are three type of partnerships

Respuesta :

Answer:

A) sole proprietorship is a type of limited partnership

Explanation:

A sole proprietorship is not a type of partnership, not a general partnership, nor a limited partnership.

Sole proprietorships are the simplest business organizations, since they are not a separate legal entity. A sole proprietorship only requires one single person that works in the business and who is completely responsible and liable for all the business profits, obligations and debts.