Which of the following is a similarity between a general partner and a limited partner in a limited partnership?
A. Both can actively participate in the management of the company.
B. Both lack the protection of limited liability.
C. Both have no share in the company's profits.
D. Both contribute financially to the company.
Answer: D
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Answer the following statement true (T) or false (F)
Which of the following is an example of debt financing?
A. Incubators B. Crowdfunding C. Angels D. Tax abatement
The SEC's role in the initial registration of securities to be publicly issued is:
A. To ensure that the content of the registration filing is in compliance with securities regulations. B. To ensure that securities issued are quality investments. C. To provide data to the public regarding first-time issuance of securities. D. To make the registrant's annual report available for public viewing. E. To give permission to an independent CPA firm to audit the registrant's financial statements.