What Is an Important Aspect of a Limited Liability Partnership

question 1515

Multiple Choice

What is an important aspect of a limited liability partnership?

• A) All partners have unlimited liability.
• B) All partners have limited liability regarding all partnership activities.
• C) A partner has unlimited liability arising from his or her own acts of negligence or misconduct or similar acts of any person under his or her direct supervision, but does not have unlimited liability in other matters.
• D) It is the same as a limited partnership where the general partner has unlimited liability.

---

Definitions:

Heterosexual

Attraction to and sexual relations between individuals of the opposite sex.

Gamete

A mature haploid male or female germ cell that is able to unite with another of the opposite sex in sexual reproduction to form a zygote.

Condom

A contraceptive device usually made of latex or polyurethane, worn on the penis or inserted into the vagina to prevent pregnancy and reduce the risk of sexually transmitted infections.

Orchidotomy

A surgical procedure involving the removal of one or both testicles.