Which of the Following Is a Distinguishing Feature of a Limited

question 69

Multiple Choice

Which of the following is a distinguishing feature of a limited liability partnership?

• A) It is a form of business that is not yet available in Canada.
• B) Its partners are shareholders.
• C) It is intended to address the concerns of professionals who are not permitted to form corporations.
• D) The liability of some of the partners is limited to their capital contribution.

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Definitions:

Monitored

Observed closely and routinely checked for any changes or developments.

Hospitalized

The state of being admitted to a hospital for treatment, care, or observation.

Community Support

Assistance provided by a network of individuals or organizations to support members facing personal challenges, promoting wellbeing and cohesion.

Secondary Victimization

The additional trauma that victims may experience through the responses of institutions and individuals to them.