Solution Library

What Happens When A General Partner Withdraws From Limited Partnership

Question

1. Which of the following is a right to which every general partner is entitled?

a. Right to remuneration
b. Right to free and open speech
c. Right to return of capital
d. Right to legal action

2. Which of the following happens when a general partner withdraws from a limited partnership?

a. The partnership must be sold.
b. The partnership is transferred.
c. The partnership is dissolved.
d. The partnership operates normally.

Summary

These multiple choice questions belong to Law. The 1st question discusses about the right to which every partner is entitled to and the 2nd question discusses about what happens when a general partner withdraws from limited partnership.

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Comments

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What Happens When A General Partner Withdraws From Limited Partnership

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