AHM-510 Exam Dumps | The Surrey Medical Supply Company was formed as a limited partnership. In this partnership, Victoria

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Question 17/45

The Surrey Medical Supply Company was formed as a limited partnership. In this partnership, Victoria Lewin is one of the limited partners and Oscar Gould is a general partner. This information indicates that, with respect to the typical characteristics of limited partnerships,

A. Ms. Lewin has more freedom to opt out of the partnership than does Mr. Gould

B. both Ms. Lewin and Mr. Gould participate in the day-to-day management of Surrey

C. the partnership will continue upon the death of Mr. Gould, whereas it will end with the death of Ms. Lewin

D. Ms. Lewin has more liability for the debts of Surrey than does Mr. Gould

Question 17/45

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