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1In a limited partnership, what are the two types of partners?
2What is the Uniform Limited Partnership Act (ULPA)?
3Under the ULPA, can a limited partner be held liable for partnership debts if the limited partner participates in the management and control of the...
4Are limited partners allowed to participate in managing a limited partnership?
5In order to form a limited partnership, what information does the ULPA require?
6Under the ULPA, may a state provide information about a limited partnership to a person who requests it?
7What are the rights and duties of a general partner in a limited partnership?
8What are the duties and rights of a limited partner in a limited partnership?
9What is the RULPA control test?
10Can limited partners who help manage a limited partnership face personal liability based on their status as a partner in some jurisdictions?
11A limited partnership had one general partner and one limited partner. The partnership experienced some financial distress and the limited partner ...
12What partnership rights do limited partners have?
13What is the individual liability of partners in a limited partnership to third parties?
14If a general partner in a limited partnership mistakenly believes she is a limited partner, is she typically liable for the partnership’s obligations?
15A wealthy partner of a limited partnership believed he was a limited partner, but he was listed as a general partner in the certificate of limited ...
16If unaddressed by a limited-partnership agreement, how are a limited partnership’s profits and losses distributed?
17A limited partnership had one general partner and two limited partners. The senior limited partner made a $200,000 capital contribution, and the ju...
18May a limited partnership be dissolved?
19Under the ULPA, will a limited partner who withdraws from the partnership prior to the termination of the partnership be liable for damages caused ...
20Under the RULPA, are limited partners who withdraw from the partnership prior to the termination of the partnership liable for damages caused by th...
All flashcards
20 cards