Which of the Following Is True About a Corporation Being

question 106

Multiple Choice

Which of the following is true about a corporation being a general partner in a limited partnership?

• A) A corporation cannot be a general partner in a limited partnership.
• B) A corporation can be a general partner in a limited partnership, but only if it is not the sole general partner.
• C) A corporation can be a general partner in a limited partnership, but only if there is at least one other general partner.
• D) A corporation can be a general partner in a limited partnership, even if it is the only general partner.
• E) A corporation can be a general partner in a limited partnership, but only if another corporation is a limited partner.