True/False

1. The Uniform Partnership Act restricts the number of partners in a limited liability partnership to no more than 10.
2. Where a corporation has a major shareholder and minority shareholders, the directors and officers have a fiduciary duty to act in the best interests of the major shareholder.
3. A dividend refers to a distribution of corporate profits ordered by the directors and paid to the shareholders in proportion to their shareholder interests.
4. The primary difference between an LLC and a corporation is that, unlike shareholders in a corporation, LLC members are not protected from personal liability with respect to business creditors.
5. The management of an LLC (including members and non-members serving in that role) owe fiduciary duties to act for the benefit of the LLC and its members as a whole in a manner similar to the fiduciary duties of corporate officers and directors owed to the corporation and shareholders as a whole.
6. Although not required by law, LLC members can best protect their ownership interests by completing a written operating agreement.
7. The Americans with Disabilities Act (ADA) protects persons with disabilities from discrimination in hiring and discharge but does not requires employers to provide accommodations, such as accessible facilities or modified work schedules.
8. Title VII's anti-discrimination protections restrict adverse employment action in hiring, discharge, promotion, and disciplinary procedures, but these protections do not extend to adverse action in compensation or benefits.
9. The implied duty of good faith and fair dealing does not generally allow a contractual party to overcome an express contractual right of another party.
10. A written contractual offer can be repudiated by an express oral revocation prior to acceptance.