Which of the following is not true about limited partnerships?
A. A limited partnership must have at least one general partner
B. Each general and limited partner have unlimited liability for the debts and obligations of the partnership
C. Limited partnerships are distinct legal entities, distinct and separate from its individual partners
D. Limited partners do not participate in the management of the business
B
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Which of the following does not need to be authenticated by testimony?
a. An autopsy report b. A report issued by the federal EPA c. A document with a notary public's seal d. A report issued by the federal EPA and a document with a notary public's seal
What is testamentary capacity?
What will be an ideal response to this legal terminology?
A bright-line rule is one in which
a. there are many options. b. there are clear guidelines. c. many things are prohibited. d. there is only one answer.
Although honest mistakes may be overcome with corrections and explanations, criminal acts such as ________ will be prosecuted
A) Misrepresentation and fraud B) Concealment of assets and fraud C) Malingering and opportunistic fraud D) Extortion and embezzlement