In which of the following ways is a general partner the same as a limited partner in a limited partnership?
A) Right of management and control
B) Liability to creditors of the partnership
C) Duty of care to the other partners and to the partnership
D) General partners differ from limited partners in all of these ways.
Correct Answer:
Verified
Q39: In states where limited liability limited partnerships
Q40: A limited liability company is a form
Q41: Unless otherwise agreed,under RULPA,a limited partner is
Q42: A foreign limited liability company:
A) is governed
Q43: Which of the following need NOT be
Q45: While a limited partnership interest is transferable,the
Q46: When a limited partnership dissolves and winding
Q47: When was the ReRULPA amended as part
Q48: A limited partner's financial obligation to the
Q49: A partnership interest:
A) is personal property that
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