When a bilateral mistake is made, neither party may void the contract
a. true
b. false
Ans: b. false
Business
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A ________ ownership in the investee's voting stock can significantly influence the investee's decisions
A) 10 percent B) 5 percent to 10 percent C) 15 percent to 20 percent D) 20 percent to 50 percent
Business
Limited partners can lose their limited liability by:
A) Breaching their fiduciary duty to the limited partnership. B) Actively managing the business of the limited partnership. C) Serving as a paid consultant to the limited partnership. D) Withdrawing from a limited partnership contrary to provisions in the limited partnership agreement. E) Investing too much in the partnership.
Business