Don and Elaine are limited partners in Great Stores, a limited partnership. In terms of the firm’s books, Don and Elaine are entitled to
a. access in proportion to their participation in the management of the firm.
b. access to those parts that directly relate to their capital contributions.
c. no access.
d. total access.
a. access in proportion to their participation in the management of the firm.
b. access to those parts that directly relate to their capital contributions.
c. no access.
d. total access.
d. total access.
Begründung:
Limited partners have essentially the same rights as general partners, incl. the right of acces---> total acces
Begründung:
Limited partners have essentially the same rights as general partners, incl. the right of acces---> total acces
Tags: Right of limited partners
Source: p.129
Source: p.129
Flashcard set info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010
Tags: Exam Year 1
Card tags:
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