Choose the option that best completes this sentence: When using a credit card… Group of answer choices you will pay interest whether or not you pay your bill every month. you are transferring money from your savings account directly to another party. you are getting a short-term loan to allow you to purchase an item now which you can pay for later. you always have the option to wait to make a payment because late payments don’t affect your credit.

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.