Which of the following statements is true regarding a limited partnership?
A) The limited partnership agreement is a public document.
B) The certificate of limited partnership filed with the state details and determines the rights, responsibilities, and relationships of the partners.
C) In order to form a limited partnership, the owners must file a certificate of limited partnership with the state.
D) Limited partnerships are rarely governed by a partnership agreement.
Correct Answer:
Verified
Q24: In the case of an agency relationship,
Q25: Which of the following is referred to
Q26: With reference to the agency relationship, which
Q27: In the case of a third party
Q28: In the case of limited partnership, which
Q30: With reference to the agency relationship, which
Q31: If an agent has always done a
Q32: With reference to a third party contract,
Q33: Which of the following terms best represents
Q34: The most important duty of the principal
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