The Limited Partnership Act of 2001
A. assumes that all limited partnerships are limited liability limited partnerships.
B. does not permit limited liability limited partnerships.
C. provides for an easy election to form either a limited partnership or a limited liability limited partnership.
D. does not provide for the limited liability of general partners.
C. provides for an easy election to form either a limited partnership or a limited liability limited partnership.
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Which of the following accounts need not be adjusted at year end?
a. Prepaid Advertising b. Land c. Office Supplies d. Unearned Revenue
In economic terms, all resources are ________, that is, they can be replaced by substitutes, and in this sense resources are infinite.
Fill in the blank(s) with the appropriate word(s).
Answer the following statements true (T) or false (F)
1. Corporate governance can be defined as the system that is used by firms to control and direct their operations and the operations of their representatives, the employees. 2. Great leaders are stewards of the ethical commitment of the firm, and this commitment is transferred to the employees. 3. All of the outside board members should meet at least once a year without the presence of the CEO. 4. The passive board is also called the rubber stamp board. 5. An intervening board allows the CEO and the top management team to take all the major decisions.
Another word for gamesmanship would be
a. idiom. b. verbal dueling. c. argument. d. repartee.