« previous next »

Author Question: What is a general partnership? What will be an ideal response? ... (Read 30 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Aug 3, 2018
What is a general partnership?
 
  What will be an ideal response?

Question 2

The exhaustion of remedies doctrine requires that state and administrative remedies be exhausted before a  1983 action may be filed.
 
  a. True
  b. False


Jane

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Aug 3, 2018
Answer to Question 1

A general partnership is a voluntary association of two or more individuals or legal entities for carrying on a business as co-owners, for a profit. General partners share in the profits of the partnership in proportion to their ownership interests. Likewise, general partners are personally liable for the debts and obligations of the partnership.

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Summary of events in a typical humoral immune response. Summary of events in a typical humoral immune response.
Different parts of the body mature at different rates. “General” refers to the body as a whole: the Different parts of the body mature at different rates. “General” refers to the body as a whole: the
Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme
Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont. Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont.
The two-system view of the stress response. The two-system view of the stress response.
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
Video: Embryonic development - Week 3

For a complete list of videos, visit our video library