Which of the Following Is True of Limited Liability Partnerships

question 20

Multiple Choice

Which of the following is true of limited liability partnerships?

• A)This type of partnership can operate under the Uniform Partnership Act.
• B)This type of partnership can be formed without a specific state statute prescribing the conditions under which it can operate.
• C)This type of partnership cannot operate under the common law.
• D)This type of partnership cannot be formed in most states.

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Definitions:

Calorie Restrictions

A dietary regimen involving reduced calorie intake without malnutrition, often researched for its potential health benefits and longevity effects.

Diet

The variety of foods and beverages consumed by an individual, especially with regard to maintaining or improving health.

Dislike

A feeling of disapproval or dissatisfaction towards someone or something.

Heard

The act of perceiving sound by the ear; if you have heard something, you have perceived it through hearing.