The laws of the state in which a foreign limited partnership is organized govern its organization, its internal affairs, and the liability of its limited partners.
Correct Answer:
Verified
Q5: The majority of states have adopted the
Q6: Unanimous written consent of all partners is
Q7: The certificate of a limited partnership must
Q8: If the written partnership agreement makes no
Q9: A limited partnership must continuously maintain an
Q11: A person for purposes of membership in
Q12: A general partner may also be a
Q13: Under the RULPA, a limited partnership may
Q14: Limited partners have limited liability for partnership
Q15: Foreign limited partnerships do not have to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents