A Partnership That Has Two Classes of Partners, General and Limited

question 75

Multiple Choice

A partnership that has two classes of partners, general and limited, where the limited partners have no personal liability beyond the amounts they invest in the partnership, and no active role in the partnership, except as specified in the partnership agreement is a:

• A) Limited liability company.
• B) Limited partnership.
• C) Mutual agency partnership.
• D) Limited liability partnership.
• E) General partnership.

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Definitions:

Controlled Research

Research studies that include control mechanisms, such as control groups, to isolate the effects of the variable being tested, ensuring more reliable and valid results.

Family Treatment Format

A method of therapy that involves treating the entire family unit as the client, addressing dynamics and issues within the family system.

MST Interventions

Stands for Multisystemic Therapy interventions, which are intensive community-based treatments focusing on the various systems (family, peers, school, neighborhood) that impact chronic juvenile offenders.

Entire System

The complete and whole set of components or elements that function together as a unit.