Question

question 5
1 pts
tommy asked his business partner to review the business plan that he has been working on. his business partner says its practically perfect and only needs an executive summary. what will tommy include in his executive summary?
o a short statement that summarizes the business plan
a vertical diagram illustrating the organizational structure
a timeline
an outline of the activities and responsibilities needed to reach the company goals
question 6
1 pts
limited liability partnerships protect their partners from personal liability. should an accident or other harm occur in the course of carrying on business, any damages that are incurred are limited to:
the personal property of the partner.
the assets of the business.
the personal and business assets of both the partner and their business.
the investors assets only.

Explanation:

An executive summary is a short statement that summarizes the business plan. It provides an overview of the key points, goals, strategies, and financial projections of the business plan.
For the second question, in a limited liability partnership, the partners' personal liability is limited. Any damages incurred are limited to the assets of the business. This is the key characteristic of a limited liability partnership.

Answer:

Question 5: a short statement that summarizes the business plan
Question 6: the assets of the business