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Paraphin [41]
3 years ago
6

Which of the following statements is correct with respect to a limited partnership?

Business
1 answer:
Viefleur [7K]3 years ago
5 0

Answer: option D

Explanation: A Limited liability partnership is an ownership style which exhibits characteristics of both partnership and corporations. This was implemented for the benefit of business entities and for the ease of owners.

a. In a limited liability a limited partner will never be personally liable for the debts.

b. A general partner can be a limited partner  as long as there are two legal partners.

c. A general partner cannot be a secured creditor as he will always have unlimited liability.

d. A Limited liability partnership is the form of partnership in which some or all of the partners have limited liability.

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The correct answer to the following question is option D) maturity maximize outlets .

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Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.

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Jorge has a new job in an office. Which of the following safety procedures will he most likely need to learn?​
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What is a popular model for the formation of an atoll?
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In​ 1916, the ford motor company sold​ 500,000 model t fords at a price of​ $440. henry ford believed that he could increase sal
quester [9]
For the answer to the question above,
we must use this formula,
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In this case,
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Then the answer would be .0020
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