A limited partner in a limited partnership has limited liability for the debts and obligations of the limited partnership similar to that of a shareholder in a corporation.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Changes in residency requirements for divorce:
A. Have caused migratory divorces. B. Recognize that states have an increased vested interest in marriage. C. Have decreased the number of migratory divorces. D. Have resulted in more collusion in proving grounds for divorce.
Paul is at a party hosted by a long-time friend when he meets Megan. Paul knows almost everyone at the party and knows that they are a group of young professionals in their twenties and thirties. When he talks with Megan she tells him that she is out of school and working at a local bar until she finds the job that she wants. Paul is very attracted to Megan and when he asks her to come home with him, she readily agrees. They have sex and the next morning Paul drops Megan off at her car and then drives to work. Two days later Paul is at home when he hears a knock at the door. He opens the door and finds the police asking him to talk about Megan and their evening together. Paul finds out that Megan is actually sixteen and in that jurisdiction she is under the age of consent.
Please write a paragraph:1. identifying the criminal charge Paul might face, 2. the definition of that crime, 3. the elements and the key facts that might support the prosecutor's case, and4. the key facts that might support a defense for Paul. What will be an ideal response?
All of the following are true about the EEOC EXCEPT ______.
A. they encourage parties to settle and consider mediation B. they can begin to investigate 10 days after a complaint is filed C. they also gather information about the number of minorities in different job categories D. they are responsible for issuing written regulations governing compliance to federal discrimination laws
What are the broker’s responsibilities when faced with conflicting demands for escrow deposits?
What will be an ideal response?