The general partner of a limited partnership may be a corporation.
Correct Answer:
Verified
Q15: Both general partnerships and limited partnerships are
Q16: Limited partners may sue their partnership's general
Q17: It is impossible to form a business
Q18: A limited partner loses his limited liability
Q19: A limited partner can never lose money.
Q21: An LLC is a legal entity with
Q22: When no LP certificate is filed, what
Q23: Managers of an LLC have the same
Q24: Each limited partner in a limited partnership
Q25: The dissolution and winding up of a
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