A client is interested in becoming a limited partner of a DPP (direct participation program). He signs a subscription agreement

Question

3 years ago

5

A client is interested in becoming a limited partner of a DPP (direct participation program). He signs a subscription agreement

for the DPP. This would indicate all of the following EXCEPT:
(A) He has provided verification in relation to his net worth
(B) He has agreed to provide the general partner of the DPP with a power of attorney in relation to matters of the DPP
(C) He has indicated agreement in relation to subscription to the DPP offering
(D) He has become a limited partner and received approval as such.

Business

1 answer:

maw [93] · Answer 1 · 2022-06-08T13:49:01+03:00

maw [93]3 years ago

7 0

The Correct answer is B