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Reptile [31]
3 years ago
5

General partners must obtain approval from a majority of the limited partners in order to manage the business. True or False

Business
1 answer:
JulsSmile [24]3 years ago
5 0

General partners do not have to obtain approval to run the business which means that this statement is <u>FALSE</u>.

In a Limited Partnership:

  • The limited partners are not involved in the running of the business
  • The general partner makes all the relevant decisions involved in running the company

The general partner therefore, does not have to take permission from the limited partners to manage the business. The limited partners have limited roles with one of them being that they do not run the business.

In conclusion, this statement is false.

<em>Find out more at brainly.com/question/12006026. </em>

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Answer: 9.04%

Explanation:

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2 years rate today = 7% = 0.07

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The market's forecast for 1-year rates 1 year from now will be calculated as:

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Answer: $12000

Explanation:

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Kodak is a company name associated with photography. The company has recognized that digital photography is a threat to the futu
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Some other available options have no connection with the given scenario. So choice B seems to be the right answer to that.

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The information technology cluster is composed of the following four career pathways: information support and services, interactive media, network systems, and programming and software development.

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Answer:

Correct option is (d)

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