What are the constraints on the name of a limited partnership? How do they influence a limited partner?
What will be an ideal response?
The name of a limited partnership may not include the surname of a limited partner unless 1. it is also the surname of a general partner or 2. the business was carried on under that name before the admission of the limited partner. A limited partner who knowingly permits his or her name to be used in violation of this provision becomes liable as a general partner to any creditors who extend credit to the partnership without actual knowledge of his or her true status. Other restrictions on the name of a limited partnership are that 1. the name cannot be the same as or deceptively similar to the names of corporations or other limited partnerships, 2. states can designate words that cannot be used in limited partnership names, and 3 . the name must contain, without abbreviation, the words limited partnership.
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The number of shares issued less the number of shares held as treasury stock are ______________________________
Fill in the blank(s) with correct word
Confidence intervals around sample means or proportions are estimated using the variance formula
Indicate whether the statement is true or false
If a company's free cash flow is $66,000, net cash flows from operating activities total $133,000, purchases of plant assets total $61,000, and the payment of dividends was $20,000, what amount was obtained from the sale of plant assets?
A) $7,000 B) $14,000 C) $28,000 D) Impossible to determine from the facts given.
U.S. GAAP and IFRS require firms to account for minority, active investments, using the _____ method
a. cost b. equity c. fair market value d. consolidation e. lower of cost or market