Question
Zach, Jordan, and Jared form a limited partnership. They choose not to create a limited partnership agreement. Zach is the general partner, with Jordan and
Zach, Jordan, and Jared form a limited partnership. They choose not to create a limited partnership agreement. Zach is the general partner, with Jordan and Jared serving as limited partners. Jordan and Jared have lots of energy and great ideas for making the business run smoother. What concerns would you have with Jordan and Jared taking an active role in the limited partnership?
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Financial Accounting IFRS Principles
Authors: Ilse Lubbe, Goolam Modack, Alex Watson
4th Edition
0199049238, 9780199049233
