All of the following statements are true with respect to a limited partnership subscription agreement EXCEPT:
A) the investor's signature indicates that he has read the offering document.
B) the general partner's signature grants the limited partners power of attorney to conduct the partnership's affairs.
C) the investor's registered representative must verify that the investor has provided accurate information.
D) the general partner endorses the subscription agreement, signifying that a limited partner is acceptable.
Ans: B) the general partner's signature grants the limited partners power of attorney to conduct the partnership's affairs.
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