A General Partner

question 91

Multiple Choice

A general partner:

• A) Has less legal liability than a limited partner.
• B) Has more management responsibility than a limited partner.
• C) Faces double taxation whereas a limited partner does not.
• D) Cannot lose more than the amount of his/her equity investment.
• E) Is the term applied only to corporations which invest in partnerships.

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Definitions:

Experience of Flow

A state of complete immersion and focused engagement in an activity, where time seems to pass unnoticed and one's skills are used to their fullest.

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Input devices comprised of an arrangement of buttons or keys, used to input data, commands, or text into computers.

Protective Clothing

Clothing designed to protect individuals from physical, chemical, and biological hazards.

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Structured approaches to lose weight, which can include diet, exercise, behavioral changes, or medical interventions.