Author Question: When a limited partnership dissolves, the general partner receives his share of the profits and ... (Read 75 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?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library