While a Limited Partnership Interest Is Transferable,the Transferee Will Become

question 11

Multiple Choice

While a limited partnership interest is transferable,the transferee will become a limited partner if:

• A) the other members consent.
• B) he has paid fair market value.
• C) he has also donated services.
• D) he has consented to the organizational character.

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Definitions:

External Variables

Factors outside the individual that can influence behavior or outcomes, including social, economic, and physical environment conditions.

Predictable Ways

Patterns or behaviors that occur in a manner that can be anticipated based on previous observations or known principles.

Behavior Modification Programs

A form of therapy that uses reinforcement or punishment to alter behavior, based on the principles of operant conditioning.

Unconscious Motivating Forces

The underlying, often unrecognized drives originating in the unconscious mind that influence an individual's actions and feelings.