Pi and Quia Are General Partners in Risqué Investissements, a Limited

question 5

Multiple Choice

Pi and Quia are general partners in Risqué Investissements, a limited partnership. Without Pi's knowledge or consent, Quia defrauds potential investors into buying limited partnerships in the firm and steals the amounts of their investments. In a suit by those partners against Pi to recover for their losses, Pi is most likely liable

• A)if the investors are viewed as innocent third parties.
• B)if the investors are construed as limited partners.
• C)under any circumstances.
• D)under no circumstances.

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Definitions:

Single-Loop Learning

A teaching method where learners focus on solving specific problems without questioning underlying assumptions or modifying overall objectives.

Current Assumptions

Current assumptions are the premises or conditions that are believed to be true at the present moment and are used as a basis for planning or decision-making.

Freezing Stage

A phase in the change management process where old behaviors are stopped or stabilized to prepare for new changes.

Shared Understanding

A mutual agreement and comprehension among members of a group or organization regarding objectives, processes, and strategies.