Which of the Following Is Not Required to Be Included

question 51

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 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

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Definitions:

Innovation

Innovation entails the process of translating an idea or invention into a good or service that creates value or for which customers will pay, differentiating from creativity by its focus on application.

Adaptability

The capacity to adjust to new conditions or environments.

Task-Oriented

Focused primarily on completing tasks and achieving goals efficiently and effectively, often with a detailed plan and structure.

Providing Direction

The act of guiding or instructing others in a course of action or towards achieving a goal.