Limited partners are limited to in their liability to their capital contribution
Indicate whether the statement is true or false
TRUE
You might also like to view...
Which of the following is true of informal groups?
A. Informal groups can advance the plans of formal groups. B. A temporary committee is an example of an informal group. C. Members of an informal group are assigned to it by the skills they possess. D. Informal groups have appointed leaders. E. Informal groups are primarily created to solve an organizational problem.
Which strategy would be used if a business is losing money in a given market and decides to pursue a quick market exit?
A) a monetize market strategy B) a disintermediation market strategy C) a harvest market strategy D) a divest market strategy E) an optimize market strategy
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products." Peter Austin is extremely successful and the major reason for his success is the way he handles objections. He believes that effectively handling objections is the key to success in
a sales profession. Today he is calling the CEO of Diamonite to make an important sales presentation. Austin is confident of handling the objections as he has prepared for the call.As soon as Austin responds to an objection from the Diamonite CEO, Austin should: A. ask for a referral. B. conduct an approach. C. discuss a visual aid. D. restart the presentation. E. use a trial close.
The fraud element triangle includes which of the following elements?
a. Concealment b. Invigilation c. Covert operations d. Pressure