Maia, a limited partner in Nano Investors, consults with Odet, the firm's general partner, regarding partnership business. For this activity, Maia is

Question

Quizplus · Accepted Answer

As a limited partner, Maia does not have the right to participate in the management of the partnership, and therefore consulting with the general partner regarding partnership business may potentially expose her to personal liability for participating in management. However, this scenario does not provide enough information to suggest that Maia is actively participating in management or that her actions would result in personal liability. Therefore, the best choice is D, as none of the choices provided are definitively correct.

Maia, a Limited Partner in Nano Investors, Consults with Odet