If a Limited Partner Votes on an Amendment to the Partnership

question 5

True/False

If a limited partner votes on an amendment to the partnership agreement allowing a new business venture, he will not lose his limited status.

---

Definitions:

Marketing Concept

A philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition.

Think Global

A business approach that considers the international implications of corporate decisions and strategies.

Consumer Wants

The desires or needs that drive individuals to purchase products or services.

Consumer Needs

The desires or necessities that consumers seek to fulfill with products or services.