All of the following statements regarding LP's are not true, except: _______

A) The words limited partnership or simply LP must appear in the firm's name.
B) General partners cannot avoid personal liability by incorporating.
C) Limited partners can lose their liability limitation if they participate in the control of the business.
D)If sued, limited partners can lose more than their capital investment.


C

Business

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Which type of nonprofit organization offers services to all clients within its jurisdiction?   

A. Administrative B. Mutual-benefit C. Aid-based D. Authority E. Commonweal

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Transfer prices are used for internal decisions and performance evaluation purposes and are not made known to the outside world

Indicate whether the statement is true or false

Business

One of the main factors to consider when using a cost-based transfer price is whether to use actual or standard costs

Indicate whether the statement is true or false

Business

Strong verbs have more ____________ in a sentence

a. presence b. authority c. consequence d. impact

Business