• 2021-04-14
    Limited partners stay away from management of the firm but take unlimited liability.
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      Which one of the following best describes the primary advantage of being a limited partner rather than a general partner? A: entitlement to a larger portion of the partnership's income B: ability to manage the day-to-day affairs of the business C: no potential financial loss D: greater management responsibility E: liability for firm debts limited to the capital invested

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      Limited Liability有限责任

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      Which one is wrong about scarcity? A: The richest countries also have scarcity. B: From the perspective of the formation of scarcity, limited resources are more important than unlimited desires. C: From the perspective of the formation of scarcity, unlimited desire is more important than limited resources. D: Scarcity promotes efficiency.

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      Vt. take ( a number) away from

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      Children who stay away from school do_______for different reasons.