Author Question: When a limited partnership dissolves, the general partner receives his share of the profits and ... (Read 66 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?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library