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All main topics / Law / International Law / LAW
Ted and Wally are limited partners in T&W Enterprises, a limited partner­ship. To avoid personal liability for partnership obligations, they must not

a. acquire an interest in the firm.
b. contribute cash or other property to the firm.
c. undertake any managerial responsibilities.
d. all of the above.
c. undertake any managerial responsibilities.

Limited partners enjoy limited liability so long as they don't participate in managment
Tags: Limited partners and Managment
Source: p. 130, 1. Satz nach Überschrift
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Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010




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