Which of the Following Is Not Required to Be Included

question 119

Multiple Choice

Which of the following is not required to be included in a certificate of limited partnership?

• A) the general character of the business
• B) the amount of capital contributed by each partner
• C) the name and business address of each limited and general partner
• D) the portion of profits to be distributed to each limited and general partner
• E) the latest date on which the limited partnership is to dissolve

---

Definitions:

Foreign-Currency Exchange

The act of changing one country's currency into another's for trade, travel, or investment purposes.

Budget Deficit

The financial situation where an entity's expenses exceed its revenues over a specified period, leading to borrowing or debt.

Budget Surplus

An excess of tax revenue over government spending

Loanable Funds

The resources available for borrowing in the financial markets, comprising savings and any other available funds.