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1.67 p Question 8 Amy is a limited partner in a limited partnership. Amy is considering opening a business similar to that of the limited

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1.67 p Question 8 Amy is a limited partner in a limited partnership. Amy is considering opening a business similar to that of the limited partnershija One of the reasons that Amy is considering taking this step is that Amy believes that the limited partnership is being poorly managed. Amy wants to review the books and records of the partnershia but the general partners have refused to allow her to have access. Which of the following is Away has unlimited right to obtain information regarding the operations of the partnership business. Amy has limited rights to review financial statements, tax returns, and a few other specified items, but has no photo review other business records As limited partner. Any has no rights to review the books and records of the partnership Any must demonstrate a leptinate purpose in order to obtain any information on the business of the partnership Any has unlimited rights to review financial statements, tax returns, and a few other specified items, but must demonstrate a legitimate purpose in order to review any other business records of the partnership. 1.67 pts ang 1.67 pts Question 10 Mens Motor Company has decided to close down its plant in Sunburn Michigan. The demand for its cars dramatically and the plant has been losing money for years Mebs management has heard of some federal law that requires notice being given to employees about plant closings under certain conditions Which of the following is not true regarding this law? The cover with 100 or more employees There are to che notification rules The act like to plant clips and to mass loyal's 1.67 pts on 11 poration is incorporated in Texas It wishes to do business in Oklahoma. Before DEF can in Obowich of the following must it do? 1.67 pts Question 17 The sound of directors of Sunny Corporations votes 2 to require all future actions by the shareholders 19 Bered by two-thirds sionity. This action is makes the board of directors does not have the power to decide this at that would not have been valid che sote had been 6-3. ile and would have been valid uso with a vote of 6-5 tas born as the bodiesenting directors properly registered their dissent becsery recuirements are not permissible. 1.67 pts stion 18 coration out of the number of shares authorized the number outstanding and the number ich must be at least as large as the other two? Incontrar the sumber of shares that the number utama ich must be at least as tareas the other two? stion 19 1.67 pts the corporate vel can refer to toners of corporation Dec corporation failed to exercise reasonable care in 1.67 pts None of these are corred Question 19 "Piercing the corporate vell" can refer to: Derying limited ability to owners of a corporation because the corporation failed to exercise reasonable care in is business decisions Derying limited liability to owners of a corporation where the corporate affairs were not sufficiently segregated from those of the owners. Porcing a corporation to pay a dividend to its shareholders. Derying corporate sistence to a corporation 1.67 p Question 8 Amy is a limited partner in a limited partnership. Amy is considering opening a business similar to that of the limited partnershija One of the reasons that Amy is considering taking this step is that Amy believes that the limited partnership is being poorly managed. Amy wants to review the books and records of the partnershia but the general partners have refused to allow her to have access. Which of the following is Away has unlimited right to obtain information regarding the operations of the partnership business. Amy has limited rights to review financial statements, tax returns, and a few other specified items, but has no photo review other business records As limited partner. Any has no rights to review the books and records of the partnership Any must demonstrate a leptinate purpose in order to obtain any information on the business of the partnership Any has unlimited rights to review financial statements, tax returns, and a few other specified items, but must demonstrate a legitimate purpose in order to review any other business records of the partnership. 1.67 pts ang 1.67 pts Question 10 Mens Motor Company has decided to close down its plant in Sunburn Michigan. The demand for its cars dramatically and the plant has been losing money for years Mebs management has heard of some federal law that requires notice being given to employees about plant closings under certain conditions Which of the following is not true regarding this law? The cover with 100 or more employees There are to che notification rules The act like to plant clips and to mass loyal's 1.67 pts on 11 poration is incorporated in Texas It wishes to do business in Oklahoma. Before DEF can in Obowich of the following must it do? 1.67 pts Question 17 The sound of directors of Sunny Corporations votes 2 to require all future actions by the shareholders 19 Bered by two-thirds sionity. This action is makes the board of directors does not have the power to decide this at that would not have been valid che sote had been 6-3. ile and would have been valid uso with a vote of 6-5 tas born as the bodiesenting directors properly registered their dissent becsery recuirements are not permissible. 1.67 pts stion 18 coration out of the number of shares authorized the number outstanding and the number ich must be at least as large as the other two? Incontrar the sumber of shares that the number utama ich must be at least as tareas the other two? stion 19 1.67 pts the corporate vel can refer to toners of corporation Dec corporation failed to exercise reasonable care in 1.67 pts None of these are corred Question 19 "Piercing the corporate vell" can refer to: Derying limited ability to owners of a corporation because the corporation failed to exercise reasonable care in is business decisions Derying limited liability to owners of a corporation where the corporate affairs were not sufficiently segregated from those of the owners. Porcing a corporation to pay a dividend to its shareholders. Derying corporate sistence to a corporation

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