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Author Question: Which of the following statements is correct concerning the similarities between a limited ... (Read 16 times)

mrsjacobs44

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on: Jun 24, 2018
Which of the following statements is correct concerning the similarities between a limited partnership and a corporation?
 a. Each is created under a statute and must file a copy of its certificate with the proper state authorities.
  b. All corporate stockholders and all partners in a limited partnership have limited liability.
  c. Both are recognized for federal income tax purposes as taxable entities.
  d. Both are allowed statutorily to have perpetual existence.

Question 2

The Toxic Substances Control Act applied to about 3,000 substances.
 a. True
  b. False
  Indicate whether the statement is true or false


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pratush dev

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Reply #1 on: Jun 24, 2018
Answer to Question 1

.A

Answer to Question 2

FALSE


mrsjacobs44

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

pangili4

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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