Which one of the following is an unincorporated organization?

General partnership
Limited liability partnership
Public limited company
Private limited company

The correct answer is A. General partnership.

A general partnership is an unincorporated business association formed by two or more people. The partners share in the profits and losses of the business, and they are all personally liable for the debts of the business.

A limited liability partnership (LLP) is a type of partnership that limits the personal liability of its partners. The partners

in an LLP are not personally liable for the debts of the business, unless they have agreed to be personally liable.

A public limited company (PLC) is a type of company that is registered with the government and that can offer its shares to the public. PLCs are required to have a board of directors and to file annual reports with the government.

A private limited company (Ltd) is a type of company that is registered with the government but that does not offer its shares to the public. Ltds are not required to have a board of directors, but they are required to file annual reports with the government.

In conclusion, a general partnership is an unincorporated organization because it is

not registered with the government and it does not have a separate legal personality from its members.
Exit mobile version