Which of the Following Statements About Limited Partnership Is Correct

question 22

Multiple Choice

Which of the following statements about limited partnership is correct?

• A)Limited partnership is a very popular form of business organization.
• B)Limited partners have the right to manage the business.
• C)General partners are personally liable.
• D)All of the above.

---

Definitions:

Declarative Amnesia

The loss of capability to recall explicit information, including facts and personal events, usually due to brain injury or disease.

Semantic Memory

A type of long-term memory involving the ability to remember meanings, concept-based knowledge, and factual information.

Episodic Memory

A type of long-term memory that involves recollecting specific events, situations, and experiences.

Procedural Memory

A type of long-term memory for how to perform different actions and skills, essentially the memory of how to do things.