Question: 18.First Statement: Limited partners are given priority over general partners, moreover, profits are given priority over capital Second Statement: An assignee, who does not become
18.First Statement: Limited partners are given priority over general partners, moreover, profits are given priority over capital
Second Statement: An assignee, who does not become a substituted limited partner, has no right to require any information or account of the partnership transactions or to inspect partnership books
a.First statement is correct and second is false
b.First statement is false and second is true
c.Both statements are true
d.Both statements are false
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