General partners have ________ liability for the debts and obligations of the partnership.

A. unlimited personal
B. plenary business
C. limited occupational
D. limitless public


Answer: A

Business

You might also like to view...

An instrument states, "Subject to Approval of Title, Pay to the Order of Yvette, $3,000." Is the instrument negotiable?

What will be an ideal response?

Business

The Age Discrimination in Employment Act (AEDA) is a federal statute that prohibits age discrimination practices against employees who are 40 years old and older

Indicate whether the statement is true or false

Business

GASB requires that the reconciliation of income and cash flows from operations starts with an enterprise fund's operating income.

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

Business

A lessor retains title to the goods and has the right to recover possession of them upon default by the lessee

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

Business