Which of the Following Is Incorrect with Respect to the Law

question 141

Multiple Choice

Which of the following is incorrect with respect to the law governing limited partnerships?

• A) Limited partners' liability only extends to the amount of money they have invested in the partnership.
• B) Limited partners, once registered as such, are assured of limited liability.
• C) Limited partners can lose their limited status by participating in management.
• D) Limited partners can lose their limited status by allowing their names to be associated with the name of the partnership.
• E) Limited partners can lose their limited status by failing to register as such.

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Definitions:

Muscular Artery

A type of medium-sized artery that has a thicker muscular layer, which allows for regulation of blood flow by contracting or dilating.

Arteriole

A small diameter blood vessel in the microcirculation that extends and branches out from an artery and leads to capillaries.

Ascending Aorta

Part of the aorta from which the coronary arteries arise.

Coronary Arteries

Major blood vessels that supply the heart muscle (myocardium) with oxygenated blood and nutrients.