Identify Which of the Following Statements Is True

question 2

Multiple Choice

Identify which of the following statements is true.

• A) A limited partnership cannot have a corporate general partner.
• B) All of the partners in a limited partnership have limited liability.
• C) A limited partnership must have at least two general partners.
• D) All of the above are false.

---

Definitions:

Gas Price

The cost per unit volume of gasoline, which fluctuates based on economic factors, location, and taxes.

Confidence Interval

A spectrum of figures, based on statistical analysis of a sample, expected to encompass an unknown parameter of the entire population with a specified level of certainty.

Standard Deviation

An indicator used to measure the level of difference or distribution among values in a dataset.

True Proportion

In statistics, it is the actual fraction of the population that exhibits a certain characteristic or attribute.