Which types of partners in a limited partnership should participate in management?
A) general partners
B) limited partners
C) general partners and limited partners
D) general partners only, unless there are no general partners, in which case limited partners may participate in management.
E) limited partners only, unless there are no general partners, in which case general partners may participate in management.
Correct Answer:
Verified
Q117: A limited partnership is required to have
Q118: Limited partnerships are also referred to as
Q119: Under the Uniform Partnership Act,general partners have
Q120: A partnership agreement:
A) must be in writing
Q121: A limited partner who takes an active
Q123: Where there is no agreement in a
Q124: Which of the following is true about
Q125: What is the effect of a limited
Q126: If a partnership is formed but there
Q127: If a partner has the power,but not
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