In a General Partnership,which of the Following Is True of Limited

question 45

Multiple Choice

In a general partnership,which of the following is true of limited partners?

• A)Limited partners take an active part in the management of the firm.
• B)A limited partner's nonpartnership property can be used to satisfy any debts owed by the firm.
• C)Limited partners are nonparticipating investors.
• D)Limited partners have unlimited liability for the firm's debts.

---

Definitions:

Category Of Vehicles

A classification of various types of transportation means, such as cars, trucks, bicycles, and boats, based on shared characteristics.

Increased Myelination

The process by which the myelin sheath, a protective covering of nerve cells, thickens and increases, enhancing neural transmission.

Frontal Cortex

A region of the brain involved in executive functions such as decision making, problem-solving, and controlling behavior.

Conceptual Categorization

The process by which ideas and objects are recognized, differentiated, and understood through mental grouping based on shared characteristics or themes.