Author Question: In a limited partnership, the general partner has sole responsibility for managing the business and ... (Read 154 times)

joblessjake

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In a limited partnership, the general partner has sole responsibility for managing the business and may be personally liable to the partnership's creditors.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The classic example of a per se violation of antitrust law is:
 a. two companies agreeing to stop buying from a third company
  b. a group of competitors deciding to outsource all manufacturing overseas
  c. a group of 5 or more competitors agreeing to use the same supplier so they can buy things in bulk and get better prices
  d. a group of competitors agreeing on the prices they will charge for their goods so as to eliminate price competition
  e. none of the other choices are correct



jessofishing

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Answer to Question 1

TRUE

Answer to Question 2

d



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