Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

The person who invests capital in the limited partnership, manages the business of the limited partnership and is personally liable for partnership debts is a:

General Partner.

None of the answer choices is correct.

Member.

Limited Partner.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting And Reporting

Authors: Mr Barry Elliott, Jamie Elliott

16th Edition

027377817X, 978-0273778172

More Books

Students also viewed these Accounting questions

Question

★★★★★

1. Refer to "Concepts in Change". What stage of change is this organization in? How do you know? 2. Which strategy would be the most effective in merging these company's organizational cultures?...

Answered: 1 week ago

Question

★★★★★

TruGreen Products is looking at developing a new product: plastic pill bottles for use by pharmacies. There is a huge market for both custom and generic- topped bottles. TruGreen estimates it could...

Answered: 1 week ago

Question

★★★★★

What are the assumptions associated with a simple linear regression model?

Answered: 1 week ago

Question

★★★★★

A survey indicates that the vast majority of college students own their own personal computers. What information would you want to know before you accepted the results of this survey?

Answered: 1 week ago

Question

★★★★★

Diye Gaye varnon se banne wale koi bhi do do Shabd likhiye

Answered: 1 week ago

Question

★★★★★

Carla Vista Trading Stamp Co. records stamp service revenue and provides for the cost of redemptions in the year stamps are sold to licensees. Carla Vista's experience indicates that only 75% of the...

Answered: 1 week ago

Question

★★★★★

Which statement would be considered metacommunication? Question 8 options: "Please arrive at 9 a.m." "I appreciate your effort." "Free coffee is available in the lounge." "We encourage employees to...

Answered: 1 week ago

Question

★★★★★

M F M b h = A steel beam with a rectangular cross-sectional area has a height h 32 mm and breadth b = 16 mm. It has a through thickness crack of length a = 4 mm as shown in the figure. The fracture...

Answered: 1 week ago

Question

★★★★★

Determine the values of the variable for which the expression is defined as a real number. (Enter your answer using interval notation.) x-2x-35 Need Help? Read It 40. [-/1 Points] DETAILS SPRECALC7...

Answered: 1 week ago

Question

★★★★★

Provide 3 decimals for the final answer. Please show step by step solution. 6. Calculate the MA and output force of the brake pedal lever in the diagram. MASTER CYLINDER FULCRUM 3IN. Output Force = ?...

Answered: 1 week ago

Question

★★★★★

Support A is a pin. Support B is a roller. Each support can support a maximum of 9kN. Determine which support will fail first and at what value of w does this occur. HINT, create relationships of w...

Answered: 1 week ago

Question

★★★★★

Appendix A, PHR and SPHR Knowledge Base, at the end of this book (pages 580588) lists the knowledge someone studying for the HRCI certification exam needs to have in each area of human resource...

Answered: 1 week ago

Question

★★★★★

What are the pros and cons of broadbanding, and would you recommend an employer youre familiar with use it? Why or why not?

Answered: 1 week ago

Question

★★★★★

MyManagementLab onlycomprehensive writing assignment for this chapter.

Answered: 1 week ago

Previous Question Next Question