Question

what is one important difference between a general partnership and a limited partnership?
o every partner in a general partnership is fully responsible for the businesss debts.
o a limited partnership makes a single partner fully responsible for all of the businesss debts.
o a limited partnership allows some business decisions to be made individually.
o the partners in a limited partnership may only own a small percentage of the companys stock.

Explanation:

In a general partnership, all partners have unlimited liability and are fully responsible for business debts. In a limited - partnership, there are general partners with unlimited liability and limited partners with liability limited to their investment. The first option correctly highlights this key difference.

Answer:

A. Every partner in a general partnership is fully responsible for the business's debts.