Iii the partnership name does not include the word

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III. The partnership name does not include the word "Limited" or "Ltd.", its abbreviation, in the certificate. a. b. I and II. II and III. с. I and III. d. I, II and III.
A person admitted to all the rights of a limited partner who has died or has assigned his interest in partnership is known as:
If the assignee does not become the partner referred to in the preceding number, his rights do not include:
the 36. 37. 38 722 PARTNERSHIP What is the order of payment of liabilities of a dissolved limited partnership using the code number representing
II. Those owing to creditors including limited partners, except those to limited partners on account of their contributions partners. and general Those owing to limited partners by way of their share in the profits and other compensation by way of income. IV. Those owing to limited partners in respect to the V. capital of their contributions. Those owing to general partners in respect of capital VI. Those owing to general partners in respect of profits. a. b. I, II, III, IV, V, VI. II, I, III, IV, V, VI. C. d. II, I, III, IV, VI, V. II, III, IV, I, VI, V.
Which of the following will not cause the automatic dissolution of a limited partnership?
One of the distinctions between a partnership and a corporation is that a partnership:
Belinda, Ara, Rica and Klaudia are partners in BARK Enterprises, a pet shop, with Belinda contributing P50,000.00; Ara, P20,000.00; and Rica, P30,000.00. Klaudia is an industrial partner and manages the 39 40. 41. 42 PARTNERSHIP 723 partnership. Based on the foregoing information, which of the following statements is false?
43. Josephine, Ellen, Wilma, Edith and Lydia are partners in JEWEL Company, Ltd. Josephine, Ellen and Wilma are general partners, Edith is a general- limited partner, while Lydia is a limited partner. Based on the foregoing information, which of the following statements is false? a. Josephine, Ellen and Wilma may be held liable with their separate property after the exhaustion of b. C. partnership assets. Edith may participate in the management of the partnership

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