A limited partner probably will not lose the protection of limited liability when:
a. the limited partner advises a general partner concerning partnership business.
b. the limited partner's name is used in the name of the partnership.
c. the limited partner manages the partnership.
d. no certificate of limited partnership is properly filed.
a
You might also like to view...
Maywood Company recently signed a $350,000, six-month note on August 22, 2019. The interest rate is 7%. How much interest will be due at maturity?
A) $10,208 B) $24,500 C) $12,250 D) $8167
Describe the different types of value propositions on which a company might position its products
What will be an ideal response?
Initial markup is based on original value, while maintained markup is based on actual prices received for merchandise sold
Indicate whether the statement is true or false
Business writers often use electronic resources such as government sites, news media, periodicals, nonprofit organizations, social networking sites, and blogs to conduct research for business reports
Indicate whether the statement is true or false