Which of the following is a type of hybrid business organization?

A limited partnership is indeed a type of hybrid business organization, which combines elements of both general partnerships and corporations. In a limited partnership, there are two types of partners: general partners and limited partners. General partners manage the business and are personally liable for the debts of the partnership, while limited partners primarily contribute capital and their liability is limited to their investment in the partnership. This structure allows for flexibility in management by general partners while providing a degree of protection for limited partners, making it a hybrid structure that blends aspects of both ownership and management.

In contrast, public corporations are typically fully separate legal entities with shareholders and limited liability but do not contain the same mix of partner roles seen in limited partnerships. Sole proprietorships are the simplest form of business, owned and operated by a single individual, which does not involve the hybrid components characteristic of limited partnerships. Joint ventures can involve partnerships but are typically seen as separate entities created for a specific project or business activity and may not carry the same hybrid organization characteristics throughout their entire existence.