Question 28 (1 point) Mattia is a limited partner in NRJ Company. The company president asked Mattia to take over operations of the firm while he is on vacation. As a limited partner, Mattia: O a) Has no monetary investment. • b) Must get approval from the other limited partners. O c) Is prohibited from having any management responsibility. • d) Can fill in managerially when needed. Next Page Page 28 of 30

Other

Question
Question 28 (1 point)
Mattia is a limited partner in NRJ Company. The company president asked Mattia to
take over operations of the firm while he is on vacation. As a limited partner, Mattia:
O a) Has no monetary investment.
• b) Must get approval from the other limited partners.
O c) Is prohibited from having any management responsibility.
• d) Can fill in managerially when needed.
Next Page
Page 28 of 30
Answer

d) Can fill in managerially when needed.

Download to view full explanation
As a limited partner, Mattia is allowed to fill in managerially when needed. This means that he can take over operations of the firm while...
Solve any homework question FREE with our app, NO PAYMENT required!