The rights of the general and limited partners regarding the assignment of their partnership interests are

A. Determined according to the common law of partnerships as articulated by the courts.
B. Basically the same with respect to both types of partners.
C. Basically the same with the exception that the limited partner must give 10 days' notice prior to the assignment.
D. Different in that the assignee of a limited partnership interest automatically becomes a substituted limited partner.

Answer: B. Basically the same with respect to both types of partners.

Business

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For purposes of maximum portfolio diversification, which of the following would provide the greatest diversification?

A) Security A with a correlation coefficient of -0.0 B) Security B with a correlation coefficient of 0.0 C) Security C with a correlation coefficient of -0.50 D) Security D with a correlation coefficient of 0.50

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Vesting refers to the right of an employee to take credited pension entitlements with him/her if s/he ceases employment before a stipulated retirement age

Indicate whether the statement is true or false

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