Coursework Discipline:Law : Business Law Format or citation style:APA 1) Define

Coursework
Discipline:Law : Business Law
Format or citation style:APA
1) Define and describe the structure of a Limited Partnership. Describe the hierarchy of this type of
business organiz.ation. Describe the advantages and disadvantages of conducting a business
enterprise as a limited partnership.
*For one additional point of extra credit describe how conduct on the part of a limited partner might
result in the compromising of the limited partner’s status in the limited partnership.
2)Define rod describe the Liability Company. In your response describe tie organization
and creation of this business entity. Compare the advantages of doing business in this form
as opposed to a Sole Proprietorship.
*For one additional point of extra credit describe the Articles of Organization of a Limited
Liability Company and what it might contain.

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