An Assignment of the Interest of a Limited Partner Dissolves

question 42

True/False

An assignment of the interest of a limited partner dissolves a limited partnership.

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Definitions:

CSR

Corporate Social Responsibility, a business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Socially Responsible Behaviour

Actions by individuals or organizations that contribute to the welfare of society and the environment.

Virtuous Circle

A sequence of events where each one positively influences the next, leading to continuous improvement or beneficial results.

Environmentally Friendly

Refers to products, services, or practices that cause minimal harm to the environment or contribute to its sustainability.