« previous next »

Author Question: Which of the following is NOT true for a limited partnership? A) Limited partners may sell their ... (Read 61 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
on: Jul 11, 2018
Which of the following is NOT true for a limited partnership?
 
  A) Limited partners may sell their interest in the company.
  B) It has limited liability for its owners.
  C) One general partner must exist who has unlimited liability.
  D) Only the name of general partners can appear in the name of the firm.

Question 2

All of the following are considered to be instrumentalities of transportation and communication for purposes of inland marine insurance EXCEPT
 
  A) trains.
  B) tunnels.
  C) transmission lines.
  D) television towers.


mochi09

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

Answer: A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Succession in the intertidal zone involves colonization and competition for limited space among spec Succession in the intertidal zone involves colonization and competition for limited space among spec
Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
Sample Exercise Program for Limited Older Adults Sample Exercise Program for Limited Older Adults
Arguments take place when partners are home from work Arguments take place when partners are home from work
Video: Bulk flow - factors that influence bulk flow

For a complete list of videos, visit our video library