Right of limited partner in limited partnership

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Reference no: EM132159396

1. Which of the following is a right of a limited partner in a limited partnership:

a. the right to take an active role in managing the business

b. none of the other specific choices are rights of a limited partner

c. the right to participate in the dissolution of the business

d. both a and b are rights of a limited partner

e. the right to see the partnership books

2. The modern corporation was developed:

a. in New York during the early twentieth century

b. none of the other choices

c. in England in the Middle Ages

d. in Germany during the nineteenth century

e. in Italy during the Renaissance

3. Which of the following are mistakes made by new Exporters?

a. Sufficent care in selecting oversea sales representatives and distributors

b. Focusing on export business when the home market booms

c. failure to provide readily available servicing for product.

d. Using licensing or joint venture agreements.

Reference no: EM132159396

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