In Which of the Following Ways Is a General Partner

question 32

Multiple Choice

In which of the following ways is a general partner the same as a limited partner in a limited partnership?

• A) Right of management and control
• B) Liability to creditors of the partnership
• C) Duty of care to the other partners and to the partnership
• D) General partners differ from limited partners in all of these ways.

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Definitions:

Spinal Cord

A cylindrical bundle of nerve fibers and associated tissue that is enclosed in the spine and connects nearly all parts of the body to the brain.

Posture

The way in which one holds their body when standing or sitting, important for muscle health and overall physical well-being.

Qi

In traditional Chinese medicine, the vital life force or energy that flows through the body, believed to be essential for maintaining health and vitality.

Acupressure

Form of massage in which firm, gentle pressure is applied to the acupuncture points of the body.