Are George and Marcy Correct in That Limited Partners Have

question 33

Multiple Choice

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.

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Definitions:

Pupil

The opening in the center of the iris of the eye, controlling the amount of light that enters the eye.

Photoreceptor Cells

Specialized neurons in the retina of the eye that convert light into electrical signals, enabling vision.

Rods And Cones

Specialized photoreceptor cells in the retina of the eye that detect light and color.

Retina

A membrane located at the rear of the eye, made up of cells responsive to light, which initiate nerve signals that are transmitted through the optic nerve to the brain, leading to the creation of a visual image.