Solved

The ULPA Makes It Harder for a Limited Partnership to Dissolve

Question 87

Multiple Choice

The ULPA makes it harder for a limited partnership to dissolve and provides few rights for partners who dissociate from the limited partnership before the partners expect because:


A) the partners receive tax benefits.
B) they typically are used for high risk businesses.
C) they are intended for long-term businesses.
D) courts want to enforce agreements to support freedom of contract.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents