Multiple Choice
Which of the following is not true for a limited partnership?
A) limited liability for its owners
B) One general partner must exist who has unlimited liability.
C) Only the name of general partners can appear in the name of the firm.
D) Limited partners may sell their interest in the company.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Which of the following categories of owners
Q27: In a sole proprietorship, the owner is
Q34: Its ability to raise capital by selling
Q48: Profits are down so the controller decides
Q53: The expected return on a riskless asset
Q57: Investors generally don't like risk.Therefore,a typical investor<br>A)
Q87: Shareholder selection committees select potential board of
Q101: Which form of organization is free of
Q126: A financial manager is evaluating a project
Q135: The procedure by which significant changes may