In a Limited Partnership,a General Partner

question 27

Multiple Choice

In a limited partnership,a general partner

• A)is excluded from management of the business.
• B)is not entitled to a bonus at the end of the year.
• C)has limited liability for partnership debt.
• D)has unlimited liability for partnership debt.

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Definitions:

Dibromocyclopentane

A cyclopentane molecule in which two hydrogen atoms have been replaced by bromine atoms.

Dichloropentane

A type of organic compound that consists of a pentane chain with two chlorine atoms attached, which can exist in multiple isomeric forms.

Alkyl Chloride

A type of organic compound where one or more hydrogens in an alkyl group is replaced by chlorine; often used in organic synthesis and as solvents or intermediates.

Carbon-Chlorine Bond

A covalent bond between a carbon atom and a chlorine atom, often found in organic chlorine compounds.