Which of the Following Would Most Likely Be a Requirement

question 31

Multiple Choice

Which of the following would most likely be a requirement of provincial legislation with respect to a limited liability partnership?

• A) liability insurance to compensate victims for loss
• B) the use of "limited partnership" or "LP" in the firm name
• C) a business licence in the partnership name
• D) access to partners' personal assets to satisfy claims

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Definitions:

Sit-Down Strikes

A form of civil disobedience where workers occupy the workplace but refuse to work, aiming to halt production and draw attention to their demands.

UAW

Stands for United Auto Workers, a labor union in the United States representing workers in the automotive industry among other sectors, known for negotiating for workers' rights and benefits.

Agricultural Adjustment Act

New Deal legislation passed in 1933 that established the Agricultural Adjustment Administration (AAA) to improve agricultural prices by limiting market supplies; declared unconstitutional in United States v. Butler (1936).