
A limited partnership:
A) requires at least one general partner.
B) can be created by implication.
C) must be run by the limited partners.
D) all of the above
Correct Answer:
Verified
Q84: Dissolution:
A)is the same as termination.
B)can result from
Q85: Partners' personal assets:
A)cannot be reached by partnership
Q86: In a novation by the board of
Q87: Unanimous consent of the partners is required
Q88: A partnership by estoppel:
A)is the same as
Q90: For income tax purposes,a partnership:
A)files a return
Q91: In a ratification by the board of
Q92: Limited partners have liability:
A)for the full amount
Q93: Watered shares result:
A)when a purchaser does not
Q94: Transfer of a partner's interest:
A)is void.
B)results in
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