Which of the Following Is True of General and Limited

question 19

Multiple Choice

Which of the following is true of general and limited partners in a limited partnership?

• A) Limited partners are exempt from annual capital investment and need only participate in management functions.
• B) General partners are not personally liable for partnership debts.
• C) General partners are required to invest capital and refrain from managerial activities.
• D) Limited partners are not personally liable for partnership debts beyond their capital contributions.

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Definitions:

Shaping

A method used in behavioral psychology to teach new behaviors by reinforcing successive approximations toward a desired behavior.

Electric Shock

A sudden discharge of electricity through a part of the body, often used in experiments or as a deterrent.

Yelling

The act of shouting or calling out loudly and forcefully, often as a means of expressing strong emotion or commanding attention.

Negative Reinforcement

The strengthening of a behavior because a negative condition is stopped or avoided as a consequence of the behavior.