A Limited Partnership Differs from an Ordinary Partnership by

question 125

Multiple Choice

A limited partnership differs from an ordinary partnership by

• A)having a limited number of partners.
• B)having a limited number of partners,each with limited liability.
• C)including some partners whose liability is restricted to the amount that they invested in the firm.
• D)having limited liability of all partners.
• E)having unlimited liability for all partners.

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Definitions:

Response Bias

A systematic error in survey responses, often due to the wording of questions or the respondent's desire to present themselves in a favorable light.

Nonresponse Bias

A bias in survey or research results occurred when individuals selected for participation do not respond, potentially leading to an unrepresentative sample.

Voluntary Response Bias

A bias in survey results that occurs when participants self-select to respond, leading to non-representative samples.

Undercoverage

A bias in statistics that occurs when some members of the population are inadequately represented in the sample.