A general partner, but not a limited partner, is liable to pay to the limited partnership the cash value of an unpaid capital contribution described in a signed writing.
Correct Answer:
Verified
Q19: Ordinarily, members of manager-managed LLCs have duties
Q25: The general partners of a limited partnership
Q32: False statements in a limited partnership's certificate
Q37: Not all of the states have enacted
Q43: Daniel is a general partner in a
Q43: If Jack contributed $1000 as a limited
Q45: A _ is a partnership in which
Q48: Extinguishing a limited partnership involves:
A)dissolution.
B)winding up or
Q56: A partner may not receive a distribution
Q56: An LLC's limitation on liability will not
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