Which of the Following Is Correct Regarding a Limited Partnership

question 18

Multiple Choice

Which of the following is correct regarding a limited partnership?

• A) The general partner must make a cash or property contribution.
• B) It can be created in such a way that the general partner has limited liability.
• C) It can only be created pursuant to statutory provisions.
• D) Limited partners are unable to vote on the incurrence of debt other than in the ordinary course of business under the safe harbor provisions of the RULPA.

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Definitions:

Alternative Evaluation

The process in which consumers compare different products or brands on various attributes to make a purchasing decision.

Consideration Set

A group of brands or products a consumer evaluates when making a purchase decision.

Criteria

Standards or benchmarks used to evaluate or make decisions about something.

Postpurchase Behavior

The actions and reactions of consumers after buying and using a product, including levels of satisfaction, repeat purchases, and feedback or complaints.