Martyn is a limited partner in Gettout & Associates.Mary Gettout,one of the senior general partners in the company,must temporarily leave the company to attend to some personal matters.Mary has asked Martyn to temporarily perform her managerial duties while she is gone.As a limited partner,Martyn:
A) can make managerial decisions as long as they do not involve the payment of money.
B) can fill in as a manager whenever necessary,as long as it is for only a limited time.
C) can manage the firm as long as he gets approval from the company's other general partners.
D) cannot participate in the management of the partnership.
Correct Answer:
Verified
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