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Which of the following is not characteristic of a general partner? A. responsible for providing capital to start up a business B. participates in the daily management of the business C. unlimited liability for partnership debts and losses D. not liable for partnership debts beyond their capital contribution
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Responsible for providing capital to start up a business not liable for partnership debts beyond their capital contribution.
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Asked 1/20/2013 1:32:09 PM
Updated 11/27/2014 8:29:54 AM
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Responsible for providing capital to start up a business not liable for partnership debts beyond their capital contribution.
Added 11/27/2014 8:29:54 AM
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Shareholders are ultimately responsible for the daily management of the company, including investment and policy decisions. A. True B. False
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Updated 11/20/2016 12:47:39 PM
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Shareholders are ultimately responsible for the daily management of the company, including investment and policy decisions. FALSE.
Added 11/19/2016 3:08:11 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/20/2016 12:47:40 PM]
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