Author Question: When a limited partnership dissolves, the general partner receives his share of the profits and ... (Read 13 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
When a limited partnership dissolves, the general partner receives his share of the profits and capital contributions before the limited partners are paid.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

When a court considers the net effect of a business practice that is being challenged in an antitrust case, it is:
 a. declaring the practice illegal per se b. declaring the practice legal per se c. using the rule of reason
  d. rejecting the rule of reason
  e. ignoring Congressional purpose behind the antitrust laws



helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

FALSE

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library