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Question 3 Not yet answered Marked out of 10.00 P Flag q Choose the best answer. A general partner in a Limited Partnership cannot be:

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Question 3 Not yet answered Marked out of 10.00 P Flag q Choose the best answer. A general partner in a Limited Partnership cannot be: Select one: 0 a. An individual who lives in NZ. uestion b. An unincorporated body in NZ. c. A NZ resident company. d. A limited partner Question4 Not yet answered Marked out of 10.00 Indicate which of the following statements is correct when a business is carried out in the form of a partnership. Select one: O a. There are no differences between a Limited Partnership and a General Partnership structure for tax purposes. Flag questio b. Under tax law, fringe benefits provided by a General Partnership to a working partner employed under a bona fide contract of service are not subject to FBT O c. A general partner or a limited partner is always associated with the partnership because they are partners. O d. There is a legal separation between the General Partnership and the Partner in a General Partnership

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