Which of the Following Is True of the Admission of a New

question 56

Multiple Choice

Which of the following is true of the admission of a new general partner to an existing limited partnership?

• A) Only limited partners can be admitted to an existing partnership.
• B) A limited partnership agreement cannot waive the right of partners to approve the admission of new general partners.
• C) The oral consent of all partners is enough for admission of a general partner.
• D) Consent of all general partners is sufficient for the admission of a new limited partner.

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Definitions:

Depression

A mood disorder characterized by unrelenting feelings of sadness or a lack of enthusiasm for tasks, causing notable disruption in daily routines.

Individual Therapy

A form of psychotherapy where the therapy is conducted on a one-on-one basis between a therapist and patient.

Monoamine Oxidase (MAO) Inhibitors

Antidepressant drugs that lower MAO activity and thus increase the level of norepinephrine activity in the brain.

Tyramine

A naturally occurring monoamine compound that has been associated with the "cheese effect," potentially causing dangerous hikes in blood pressure when consumed in large amounts by individuals taking certain types of antidepressants.