Rick and sandy are limited partners in total profit, Ask an Expert

Management Studies

Rick and Sandy are limited partners in Total Profit Enterprises, a limited partnership. To avoid personal liability for partnership obligations, they must not

a. acquire an interest in the firm.

b. contribute property to the firm.

c. engage in activities independent of the firm's business.

d. participate in the firm's management.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9113904

Have any Question?Write your Review or question?

Related Questions in Business Management

Mentoring programs are an excellent way to stay on track

Mentoring programs are an excellent way to stay on track, understand that there is a plan and that you are not alone, as well as see the light at the end of the tunnel. But for many organizations, mentoring is not nearly ...

Can an object-oriented programming language also be

Can an object-oriented programming language also be procedural? If so, how? Can a procedural programming language be object-oriented? If so, how?

There are 100 identical firms in a perfectly competitive

There are 100 identical firms in a perfectly competitive industry. Market demand is given by -200P +8000. If each firm has a marginal cost curve, MC = .4 q + 4. What is the firm's supply curve? What is market supply? Wha ...

Writeexecute a sql statement that lists all twenty employee

Write/execute a SQL statement that lists all twenty employee Ids, salaries, department ID in which they work, and their department's name. If an employee is not currently assigned to a department, he/she must still be on ...

Describe how the study of leadership theory ethics and

Describe how the study of leadership theory, ethics and social responsibility has and will continue to help an individual in college become a more effective manager.

Consider a market in which the government imposes a price

Consider a market in which the government imposes a price ceiling. Assume that neither supply nor demand is perfectly elastic nor perfectly inelastic. Which of the following groups will always gain from a price ceiling? ...

Case question the aggressive ad agency describe the type of

Case question The Aggressive Ad Agency, describe the type of business information that the agency is offering to Microsoft, and why it could be unethical for Mr. LeBow to accept the offer. What do you believe Mr. LeBow s ...

Discuss how the concepts of diminishing marginal utility

Discuss how the concepts of diminishing marginal utility and utility maximization serve to underpin the concept of demand and quantity demanded. Include examples in your response.

I need assistance withnbspan analysis of the relationship

I need assistance with an analysis of the relationship between global entrepreneurship and innovation within organizations. It should include the following: The implications of this relationship for individuals and globa ...

List 2 penalties a judge may impose on you if you fail to

List 2 penalties a judge may impose on you if you fail to meet your duties under the WHS act.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert