Dissolving a limited partnership requires:
A) a unanimous vote amongst all partners.
B) a unanimous vote of the general partners and a majority vote of the limited partners.
C) a unanimous vote of the general partners and consent of any limited partner who owns a majority of the rights to receive a distribution as a limited partner.
D) a unanimous vote of the limited partners and consent of any general partner who owns a majority of the rights to receive a distribution as a general partner
Correct Answer:
Verified
Q44: Which of the following is not an
Q47: A limited partnership requires
A) at least two
Q55: Lisa and Tara are operating a business
Q56: Bob,Carol and Ted have decided to go
Q57: Mike lends money to Kathy as a
Q62: A general partnership may be formed by:
A)
Q72: You have been invited to become a
Q74: Principals generally have no personal liability for
Q75: Roger is a limited partner in a
Q76: How is the Revised Uniform Partnership Act
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