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Author Question: Which of the following will cause a limited partner to lose limited liability status? ... (Read 97 times)

mpobi80

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on: Jun 24, 2018
Which of the following will cause a limited partner to lose limited liability status?
 A)Participation in discussions and voting on partnership decisions
 B)Use of name in firm name
 C)Contribution greater than other limited partners
 D)Employment with the partnership
 E)All of the above

Question 2

If leased premises violate the building code, what is the effect on the lease agreement?
 A) The lease agreement is void
 B) There is no effect on the lease agreement
 C) The tenant has the right to undertake all repairs
 D) None of the above


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k2629

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

B

Answer to Question 2

A


mpobi80

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

xthemafja

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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