Which of the following activities is permissible for limited partners?

A) self-dealing
B) usurping an opportunity
C) being a contractor of the partnership
D) competing with the partnership


C

Business

You might also like to view...

McDonald has invented a machine that harvests corn in the field, automatically shucks the corn from the husk, and peels the kernels from the cob, separating everything for easy disposal or further use. Assuming that all requirements are met for a patent, the length of his patent protection will be

A. 14 years from the completion of the invention. B. 20 years from the filing of the application with the U.S. Patent and Trade Office. C. 14 years from the filing of the application with the U.S. Patent and Trade Office. D. 20 years from the completion of the invention.

Business

A direct primary employee outcome resulting from positive organizational behavior is ______.

A. improved self-confidence B. increased turnover C. enhanced liquidity D. decreased self-confidence

Business

A compiler translates the source program into an object program

Indicate whether the statement is true or false.

Business

Frequent flier miles would be an example of which barrier to entry? 

A. Creating product uniqueness B. Building in switching costs C. Building customer loyalties D. Securing access to supply of key resources

Business