It remains unclear under the law whether a limited partner has a fiduciary duty to his general partners or to the limited partnership

a. True
b. False
Indicate whether the statement is true or false


True

Business

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On a multi-step income statement, which of the following is added to operating income to arrive at net income?

A) sales revenue B) interest expense C) sales discounts forfeited D) operating expenses

Business

Unlike union membership for workers in businesses, union membership among government workers has remained strong.

Answer the following statement true (T) or false (F)

Business

William holds shares of preferred stock in a telecommunications company. However, given the lucrative benefits that come with holding common stock, William exchanges his shares of preferred stock with shares of common stock at the conversion price. In this scenario, William was holding _____ in preferred stock.

A. century bonds B. convertible securities C. derivative securities D. callable bonds

Business

A ________ describes the data and relationships that will be stored in a database.

A. data aggregator B. query model C. data application D. data model E. data-tree model

Business