?A ____ consists of one or more general partners with full liability and one or more limited partners with limited liability.

A. ?joint partnership
B. ?limited liability partnership
C. ?partnership
D. ?limited partnership


Answer: D

Legal Studies & Paralegal

You might also like to view...

During the interview discussed in question 7, after learning that the driver of Rachel's vehicle took out his cell phone and turned it on, Wanda asked Rachel, "What happened next?" This is an example of a/an

a. open-ended question b. close-ended question c. leading question d. improper question

Legal Studies & Paralegal

Grif Griffin is a paralegal. His cousin, Snap Griffin, got a speeding ticket for which a court appearance is mandatory. Snap is afraid that he will be sent to jail for other outstanding speeding violations and fines if he appears in jail. Snap has Grif make his appearance for him. Grif:

A) is fine so long as Snap puts something in writing appointing Grif his representative. B) has practiced law without a license the minute he tells Snap that he will represent him. C) is fine only if he gets a formal, notarized Power of Attorney from Snap. D) is practicing law as soon as he opens his mouth in court to represent Snap.

Legal Studies & Paralegal

Most practitioners rely on standardized forms as a starting point in the creation of legal documents

Indicate whether the statement is true or false

Legal Studies & Paralegal

Trusts must be witnessed by how many witnesses?

a. One b. Two c. Three d. Four

Legal Studies & Paralegal