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Limited liability feature - PowerPoint PPT Presentation

Accounting for Partnerships

Chapter 12. Accounting for Partnerships. Partnership Form of Organization. C 1. Voluntary Association. Limited Life. Partnership Agreement. Taxation. Mutual Agency. Unlimited Liability. Co-Ownership of Property. Limited Partnerships (LP). Limited Liability Partnerships (LLP).

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311 views • 15 slides

The Theory of the Corporation

The Theory of the Corporation. By Norman Barry. The Critics of Corporations. Anti-capitalists, Marxists, Socialists, etc. Some advocates of capitalism. Represented by Frank Van Dun. Special Privileges of Corporations. Entity Status (Artificial Person) Permanent Life Limited Liability.

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184 views • 7 slides

Chapter 43 LPs, LLCs, and LLPs

Chapter 43 LPs, LLCs, and LLPs. Limited Partnerships. A limited partnership consists of one or more limited partners, and one or more general partners. Limited partners contribute assets or services with no liability for loss beyond their investment, but do not manage the business

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182 views • 6 slides

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Limited liability feature - PowerPoint PPT Presentation

Accounting for Partnerships

The Theory of the Corporation

Chapter 43 LPs, LLCs, and LLPs