So long as there is at least one general and one limited partner, there are no restrictions on the

number of each type of partner in a limited partnership.

Indicate whether the statement is true or false

TRUE

Business

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What is an insurer required to do when faced with an error made under the Misstatement of Age provision?

A) Cancel the policy B) Pay age-corrected benefits C) Pay full benefits as stated in the policy D) Bill the policyowner for back premiums

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As Unearned Rent Revenue is earned, it becomes:

A) an asset. B) a revenue. C) a liability. D) an expense.

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