Which of the following is not an attribute of a Limited Partnership?

The limited partner is authorized to make business decisions on behalf of the general partners.
Limited partnerships do not share in the risk of the company beyond the amount of their investment.
Limited Partners cannot sell their interest in the business without notifying the general partners.
Limited Partners are paid a dividend on profits earned by the company.

Question

04-01-2021
Business

Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Which of the following is not an attribute of a Limited Partnership?

The limited partner is authorized to make business decisions on behalf of the general partners.
Limited partnerships do not share in the risk of the company beyond the amount of their investment.
Limited Partners cannot sell their interest in the business without notifying the general partners.
Limited Partners are paid a dividend on profits earned by the company.

Sagot :

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.

What are two different methods you can use to figure out what 34% of 120 is? (Explain both methods and show your setup of each) Do not solve

Please help Edgar used 10d to represent the number of pennies in d dollars. Is this reasonable ? Please explain if it is right or wrong and how it is done

Florida's constitution most closely resembles which of the following? a. The constitution of the conferderate states of America b. The constitution of the unite

Please help! Hannah practices her guitar for 40 minutes on Monday. On Tuesday she practices for 5/8 of the time she practiced on Monday . On Wednesday she pract

what is -2(x-3) how do i answer this question?

Why is it unlikely that the frequency of muscular dystrophy in the human population will be reduced quickly by means of natural selection? a) Natural Selection

ex 2.11 16) the tangent to a curve with y''=2x-4 makes an angle of 135 degrees with the x-axis in the positive direction at the point (2,-4). find its equation

What colony was purchased for the purpose of providing an outlet to the sea? Delaware New Jersey Pennsylvania

Is 5/6 is greater than 10/12

The primary difference between the Virginia Plan and the New Jersey Plan was __________. A. military funding B. a standard national currency C. state representa

Samawati Samawati · Answer 1 · 2021-01-07T15:43:15-05:00

Answer:

The limited partner is authorized to make business decisions on behalf of the general partners.

Explanation:

A limited partner also knows a silent partner. The limited partner enjoys limited liability to the debts of the business. They are called silent partners because they do not participate in running the business affairs. A limited partner contributes capital to the partnerships and allows the general partner to manage the business affairs.

Since a limited partner enjoys limited liabilities to the partnership's debts, they are not allowed to make business decisions. The general partners with unlimited liabilities run the business and make all the decisions.

Sagot :

Other Questions