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Tpy6a [65]
1 year ago
14

Each general partner in a limited partnership _______. (choose two correct answers)

Business
1 answer:
Natalija [7]1 year ago
7 0

Each general partner in a limited partnership has personal liability

<h3>What is personal liability?</h3>

Personal liability insurance, often known as "comprehensive personal liability (CPL) insurance," is a part of a homeowners insurance or umbrella insurance policy that guards you and members of your household against claims stemming from injuries and damage to other people's property. It protects you from having to pay hefty sums out of pocket if you are found to be accountable for something bad that occurs to a third party.

Your personal liability insurance protects you from lawsuits stemming from injury to others and property damage.

Personal liability insurance is available independently, even though it is frequently included in a homes policy.

To learn more about personal liability from the given link:

brainly.com/question/16059229

#SPJ4

You might be interested in
Consider a European put option with strike price $30 and time to expiration 1 month. Assume the underlying stock price does not
dexar [7]

Answer:

$7.90

Explanation:

Calculation for lower bound on the current value of the European put option

Using this formula

Lower bound current value for European put option = Ke^–rt –So

Where,

Rf represent risk free rate 4%

K represent (Strike price) = $30

(t) represent Time = 1 month = 1/12 year

(So) represent Stock price = $22

Let plug in the formula

Lower bound current value for European put option = [30e^–0.04 x (1/12) ] – 22

Lower bound current value for European put option = $29.90 – $22

Lower bound current value for European put option = $7.90

Therefore the lower bound on the current value of the European put option will be $7.90

6 0
2 years ago
Bekah is an adviser for the company Vicoltech, which deals heavily in investments. Bekah also advises several other clients in h
photoshop1234 [79]

Answer: d. Bekah was still exempt from the SEC’s reporting requirements.

Explanation:

Here are the options:

a. Indeterminable with current information

b. Bekah was required to register with the SEC, but not required to report information to

c. Bekah was required to begin reporting information to the SEC.

d. Bekah was still exempt from the SEC’s reporting requirements.

The Dodd-Frank Act is a comprehensive bill which places very strict regulations on the banks and lenders in order to help protect the consumers and also help in the prevention of economic recession

Based on the scenario in the question, Bekah will still be exempt from the SEC’s reporting requirements because in the Dood-Frank Act, it was stated that advisers that are only working in the same state with their clients are exempted from reporting requirements with the Security Exchange Commission.

3 0
3 years ago
The practice of creating a liability when a company incurs an expense that cannot be directly linked to a specific accounting pe
m_a_m_a [10]

The practice of creating a liability when a company incurs an expense that cannot be directly linked to a specific accounting period most likely refers to companies may recognize such expenses in periods during which profits are high, as they can afford to take the hit to income, with a view to reducing the liability (the reserve) in future periods during which the company may struggle.

A liability is something that an individual or company owes, usually a monetary amount. Liabilities are settled over time by the transfer of economic benefits, including money, goods, or services.

Current liabilities are short-term financial obligations of a company that matures within one year or within the normal business cycle. The operating cycle, also known as the cash conversion cycle, is the time it takes a company to purchase inventory and convert sales into cash.

In general, mitigating the risk of legal liability requires acting lawfully and taking clear responsibility for the well-being of others (groups that include customers or clients, competitors, and the general public).

Learn more about  Liability here brainly.com/question/25687338

#SPJ4

8 0
1 year ago
The amount of the check is written in how many places?
Evgen [1.6K]
2

In numerical form on the left and written out on amount line
4 0
3 years ago
Read 2 more answers
Pluto Inc. is computer technology corporation that has been manufacturing laptops for the last five years. Recently, in the face
Delicious77 [7]

Answer:

diversification

Explanation:

According to my research on ,different financial strategies I can say that based on the information provided within the question this is an example of diversification. This is the process of a business separating or varying it's range of products in their operations in order to reduce their risks in a certain market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
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