Author Question: When a limited partnership dissolves, the general partner receives his share of the profits and ... (Read 54 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 liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library