Where appropriate, cite applicable statutory references.

1. (a)In today's economic environment, with ultra-low interest rates and the economy notexpected to recovery from COVID-19 related concerns until 2022 or later, name two "share attributes" discussed in class that would currently be attractive to investors interested in purchasing preferred shares of a publicly-traded company and explain why that would be so?

(b)Why is a "limited partnership" a useful form of business organization from a limited

partner's perspective, even if the limited partnership is not being profitably managed?

(c)How does a "shotgun clause" operate in a shareholders' agreement and why is it used?

(d)How might a partner in an accounting firm LLP be held personally liable for the negligence of another partner in that same firm?