Author Question: When a limited partnership dissolves, the general partner receives his share of the profits and ... (Read 70 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?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

For a complete list of videos, visit our video library