Regarding Limited Partners

question 78

Multiple Choice

Regarding limited partners:

• A) they may withdraw from the partnership at any time but they forfeit their investment if they withdraw early.
• B) they may not withdraw before the time that the partners have agreed that the partnership will terminate.
• C) if the partnership agreement is silent as to notice require prior to termination, 90 days written notice will be required before the limited partner may withdraw.
• D) they must obtain a court order to withdraw because of their limited liability and its effect on the remaining partners and third parties dealing with the business

---

Definitions:

Chronic Arterial Symptoms

Symptoms that persist over time indicating poor arterial health, such as pain, cramping, and tiredness in the limbs, often due to restricted blood flow.

Weeping Ulcers

Ulcers that produce a watery fluid or pus, often indicating an infection or underlying health issue.

Diabetes

A chronic condition characterized by high levels of sugar in the blood due to the body's inability to produce or properly use insulin.

Elevational Pallor

A condition where there is paleness of the skin when the limb is raised, often indicative of arterial insufficiency.