Carol Is the Only General Partner in ABC Limited Partnership

question 66

Multiple Choice

Carol is the only general partner in ABC Limited Partnership.She contributes $50,000 in capital.Wayne and Hosek are the only limited partners.Wayne contributes $25,000 in capital,and Hosek contributes $25,000 in capital.ABC suffers a loss of $5,000.What is Hosek's share of the loss?

• A)$1,250
• B)$2,500
• C)$5,000
• D)$0

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Definitions:

Archetypes

Universal, inborn models of people, behaviors, or personalities that play a role in influencing human behavior.

Adler

Alfred Adler was an Austrian medical doctor, psychotherapist, and founder of the school of individual psychology, known for emphasizing the importance of feelings of inferiority and the creative power of the individual to shape his or her own destiny.

Corporate Ladder

A metaphor for the structured hierarchy in a business organization and the progression of an employee's career within it.

Birth Order

The chronological order of sibling births in a family, which is thought to influence personality development and interpersonal relationships.