Question
Which of the following is NOT true about limited partnership name restrictions under RULPA? A. The name of a limited partnership cannot be the same
Which of the following is NOT true about limited partnership name restrictions under RULPA?
A. The name of a limited partnership cannot be the same as or deceptively similar to the names of corporations or other limited partnerships.
B. The name of a limited partnership may include the surname of a general partner if the business was carried on under that name before the admission of the limited partner.
C. The name of a limited partnership may include the surname of a general partner if it is also the surname of a general partner.
D. The name must contain the words limited partnership or an abbreviation thereof.
E. A limited partner who knowingly permits his or her name to be used in violation of this provision becomes liable as a general partner to any creditors who extend credit to the partnership without actual knowledge of the limited partner's true status.
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