which type of organization should be formed. Jackie and Susie are starting an accounting firm. They are deciding between a general partnership and a limited liability partnership. It is crucial to Jackie that she has limited liability and is not personally liable if Susie is negligent.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter15: Partnership Accounting
Section: Chapter Questions
Problem 3MC: Which of the following is a disadvantage of the partnership form of organization? A. limited life B....
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which type of organization should be formed. Jackie and Susie are starting an accounting firm. They are deciding between a general partnership and
a limited liability partnership. It is crucial to Jackie that she has limited liability and is not personally
liable if Susie is negligent.

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