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NEW QUESTION: 1
Which of the following statements is correct with respect to the differences and similarities between a
corporation and a limited partnership?
A. Directors owe fiduciary duties to the corporation and limited partners owe such duties to the
partnership.
B. Stockholders may be entitled to vote on corporate matters but limited partners are prohibited from
voting on any partnership matters.
C. Stock of a corporation may be subject to the registration requirements of the federal securities laws but
limited partnership interests are automatically exempt from those requirements.
D. A corporation and a limited partnership may be created only under a state statute and each must file a
copy of its organizational document with the proper governmental body.
Answer: D
Explanation:
Choice "d" is correct. Both a limited partnership and a corporation:
1 . Can only be created by statute, and
2 . Each must file a copy of its certificate with the proper state agency.
Choice "a" is incorrect. There are instances in which limited partners do vote on certain partnership
matters (e.g., approve new general or limited partners).
Choice "b" is incorrect. Limited partnership interests are not automatically exempt from the federal
securities laws.
Choice "c" is incorrect. Limited partners do not owe a fiduciary duty to the limited partnership.
NEW QUESTION: 2
(single) Is the following description correct? The level of the MA5600T event can be divided into four levels: critical, major, minor, and warning.
A. False
B. True
Answer: B
NEW QUESTION: 3
You have a Cisco APIC environment. An administrator configures the administrator roles for managing a service configuration You discover that some tenants can import device clusters but cannot use the device clusters What should you do to ensure that the tenants can use the device clusters?
A. grant the tenants the nw-svc-device privilege.
B. Change the ready-only access permission for the tenants to read-write.
C. Grant the tenant the nw-svc-policy privilege.
D. Grant the tenant the nw-svc-devshared privilege.
Answer: C