Which of the following activities will cause a limited partner to lose his limited liability?
A) Voting on amendments to the limited partnership agreement
B) Being an employee of the limited partnership
C) Voting on the dissolution of the limited partnership
D) Helping with the management of the limited partnership
E) Acting as a surety for the limited partnership
D
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Parties desiring a hearing before the U.S. Supreme Court usually file a petition for
writ of _____. Fill in the blanks with correct word
Richard Harris wants to elect the single life annuity option for retirement. His mother lived to age 92 and his dad lived to be 89. This annuity will pay Richard a set monthly payment for as long as he lives. What possible disadvantage might he face?
A) There will be no inflation protection. B) There will be no flexibility for withdrawals in case of emergencies. C) The balance of the money left over upon death will not be passed on to his heirs. D) All of the above are correct. E) Only A and C are correct.