Reference - Parent Involvement

question 24

Multiple Choice

Reference - Parent Involvement. Marcy and George, both artists, discussed forming a partnership to paint portraits. George's parents were interested in investing in the partnership, but they wanted to avoid any liability. George suggested forming a limited partnership. He told Marcy and his parents that they could do it very informally, that an oral agreement was sufficient, and that the parents would be protected from liability. Although George protested strongly on the basis that it was a waster of money, Marcy insisted that a certificate of limited partnership be filed with the secretary of state. After a few months, Marcy and George decided that they wanted to add a new partner, Betty, to the partnership as a general partner. Betty had some expertise in the portrait field but, unfortunately, she had also had some scrapes with local law enforcement. George's parents objected strenuously to the admission of Betty. Marcy and George took the position that the parents, as limited parents, had no say in the admission of a new partner. George's father, who had an interest in painting and was concerned that the partnership was not making very much money, decided to start coming to the partnership studio to manage the business and attempt to bring it into profitability. Are George and Marcy correct in that limited partners have no say regarding the admission of new partners?

• A) No, because in order to add a new partner, all partners, including limited partners, must agree.
• B) No, because in order to add a new partner, all general partners must agree and at least one half of limited partners must agree.
• C) No, because in order to add a new partner, at least one half of general partners and one half of limited partners must agree.
• D) They are correct only if all general partners agree that limited partners cannot vote on the matter.
• E) They are correct.

Recognize the role and influence of opinion leaders in politics.

Analyze the shift in educational curriculum focus from theology to contemporary societal needs.

Identify different platforms of social media and their implications for political communication.

Comprehend changing dynamics in voter information acquisition and political opinion formation.

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Definitions:

Intestines

Tubular sections of the digestive system extending from the stomach to the anus, divided into the small and large intestines, responsible for nutrient absorption and waste processing.

Nondisplaced Fracture

A type of bone fracture where the bone cracks either part or all of the way through but does not move and maintains proper alignment.

Bone Sections

Cut or sliced pieces of bone prepared for histological examination to study the structure and function of bones.

Separate

refers to dividing or causing to divide into parts or elements.