Which of the Following Is Untrue of a Limited Partnership

question 36

Multiple Choice

Which of the following is untrue of a limited partnership?

• A) Limited partnerships must be formed under a state statute.
• B) Limited partners cannot ordinarily be named in the partnership business name.
• C) Partners in limited partnerships must contribute services to the partnership.
• D) Limited partners are generally not responsible for the debts of the partnership beyond their investment.

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Definitions:

Schizophrenia

A serious mental disorder characterized by disturbances in thought, perception, and behavior, leading to a loss of contact with reality.

Long-Acting Antipsychotic

A type of medication that is used to treat conditions like schizophrenia, with effects that last for an extended period, often administered through injections.

Medication Management

The process of overseeing the medications prescribed for a patient to ensure they are used appropriately.

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception and withdrawal from reality.