Which of the Following Is True with Respect to a Defective

question 53

Multiple Choice

Which of the following is true with respect to a defective formation of a limited partnership?

• A) The formation is defective if the certificate filed does not substantially meet statutory requirements.
• B) It jeopardizes the limited liability of a limited partner.
• C) The 1985 RULPA reduces the risk of a limited partner for defective formation.
• D) All of these are correct.

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Definitions:

Congresspersons

Elected officials who serve in the United States Congress, either in the House of Representatives or the Senate, responsible for making federal laws.

President Pro Tempore

A high-ranking senator in the U.S. Senate who presides over the Senate in the absence of the Vice President, often the most senior member of the majority party.

Senate Majority Whip

An official in the United States Senate tasked with maintaining party discipline, counting votes and ensuring attendance of party members for critical votes.

Vice President

The Vice President is the second-highest executive officer in the government of the United States, who serves as the President of the Senate and is next in line to assume the presidency in the event of the president's death, resignation, or removal from office.