C Apps The NYC DIIT Onli... NYCDOE Sandbox Question Completion Status: QUESTION 18 When a new partner is admitted to a partnership: O a. only the new partners contributions may be used to satisfy pre-existing partnership debts O b. only the new partners contribution may be used to satisfy future partnership debts O the new partner is personally liable for all partnership debts, past and present. Od the new partner must notify partnership's creditors of his or her participation in the partnership. QUESTION 19 Preferred stock is a more conservative invest,ent than common stock because its value does not fluctuate as rapidly as common stock it never pays a dividend it generally has voting rights, unlike common stock it can not be sold QUESTION 20 The securities Act of 1933 requires: a. approval of all securities by the SEC Ob registration of every security sold in the US c. A registration statement and a prospectus in order to issue a security unless there is an exemption d. specific regulation of proxy solicitation by the state Click Save and Submit to save and submit. Click Save All Answers to save all answers