Solved

________ Involves the Liability of a Limited Partner as a General

Question 83

Multiple Choice

________ involves the liability of a limited partner as a general partner. A limited partner is liable as a general partner if the partner's participation in the control of the business is primarily the same as the general partner, but liable only to persons who reasonably believed the limited partner to be a general partner.


A) RULPA Section 203
B) The decree of judicial dissolution
C) The control rule
D) RULPA Section 801

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents