Asked by
Yoarlineth Mendez
on Nov 03, 2024
Verified
If business owners in a partnership wish to limit liability,they have the option to _____.
A) pledge funds
B) limit expenditure
C) set up a limited-liability partnership
D) dissolve the partnership
Pledge Funds
Investment funds where investors commit capital to be called upon by the fund managers as investment opportunities arise, typically used in real estate and private equity.
Limit Expenditure
Strategies or practices aimed at restricting the amount of money spent on specific goods, services, or activities.
- Acquire knowledge on the notion of liability in corporate entities and strategies to minimize personal liability.
Verified Answer
PP
Learning Objectives
- Acquire knowledge on the notion of liability in corporate entities and strategies to minimize personal liability.
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