Justin and Michael Form a Limited Partnership and Start a Car

question 32

Multiple Choice

Justin and Michael form a limited partnership and start a car dealership. Justin is the general partner and Michael is the limited partner. Seven months after the commencement of the business, Pedro makes an investment and wishes to become a general partner. A week later, Michael's mother wishes to join the partnership as a limited partner. Which of the following is true in this scenario?

• A) Pedro cannot become a general partner to the partnership after the business has commenced.
• B) Pedro cannot become a general partner to the partnership as a limited partnership can only have one general partner.
• C) Michael's mother cannot become a limited partner to the partnership as a limited partnership can only have one limited partner.
• D) Both Pedro and Michael's mother can choose to become either general or limited partners to the partnership.

---

Definitions:

Cornea

Transparent, anterior portion of the outer layer of the eyeball.

Choroid Coat

A layer of blood vessels and connective tissue between the sclera and retina in the eye, providing oxygen and nutrients to the outer layers of the retina.

Retina

The light-sensitive layer of tissue at the back of the eye, responsible for converting light into neural signals for visual recognition.

Fovea Centralis

A small depression in the retina of the eye where visual acuity is highest, responsible for sharp central vision.