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:

Straps

Devices, typically made of cloth, leather, or another flexible material, used to secure or support objects or body parts.

Activity Intolerance

A condition or state where an individual has insufficient physiological or psychological energy to endure or complete required or desired daily activities.

Excessive Weight

Carrying more body weight than is considered healthy for a given height, which can increase the risk of various health issues.

Shortness of Breath

An uncomfortable condition where an individual finds it difficult to breathe or catch their breath.