In a limited liability partnership, partners have limited liability as long as they do not participate in the management of the business

a. True
b. False

b
Describe the characteristics of a limited liability partnership and a limited liability company.
Page number: 326

Business

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Switch trading involves the use of a specialized third-party trading house in a countertrade agreement.

a. true b. false

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Peter, an assistant manager, exhibits a distinct lack of emotional involvement with his colleagues and subordinates. His entire focus is on achieving the goals he sets, no matter what the course he has to take to get there

These traits lead an observer to conclude that Peter ________. A) is high on Machiavellianism B) has low self-esteem C) is high on self-monitoring D) has high cognitive dissonance

Business