Which of the following statements is false?
(A) A sole proprietorship is a type of limited partnership.
(B) In a limited liability partnership, all partners are limited partners.
(C) In a limited partnership, only one partner is required to be a general partner.
(D) There are three types of partnerships.
Ans: (A) A sole proprietorship is a type of limited partnership.
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It has been observed that most new products have shorter product life cycles. What is the reason for this?
A) Most new products do not use technology. B) Most new products are not backed by a marketable idea. C) New products do not get adequate management support. D) Social and governmental constraints lead to this failure. E) Rivals quickly copy products that are successful.
A doctor who stops to assist at a scene of an emergency typically will have protection from negligence under Good Samaritan laws
Indicate whether the statement is true or false