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NEW QUESTION: 1
White, Grey, and Fox formed a limited partnership. White is the general partner and Grey and Fox are the
limited partners. Each agreed to contribute $200,000. Grey and Fox each contributed $200,000 in cash
while White contributed $150,000 in cash and $50,000 worth of services already rendered. After two
years, the partnership is insolvent. The fair market value of the assets of the partnership is $150,000 and
the liabilities total $275,000. The partners have made no withdrawals.
Unless otherwise provided in the certificate of limited partnership, which of the following is correct if Fox
assigns her interest in the partnership to Barr and only White consents to Barr's admission as a limited
partner?
A. The partnership will be dissolved.
B. Barr will have the right to inspect the partnership's books.
C. Barr will become a substituted limited partner because White, as general partner, consented.
D. Barr will not become a substituted limited partner unless Grey also consents.
Answer: D
Explanation:
Choice "a" is correct. In the absence of an agreement between all partners, the assignment of a partner's
interest does not make the assignee a substitute partner; it merely transfers the assignor's rights to
distributions to the assignee. Choice "b" is incorrect. Absent an agreement among the partners otherwise,
an assignment of an interest in a partnership is merely an assignment of the assignor's rights to receive
distributions from the partnership and does not give the assignee any right to inspect the partnership's
books. Choice "c" is incorrect. Absent an agreement among the partners otherwise, an assignment of an
interest in a partnership is merely an assignment of the assignor's rights to receive distributions from the
partnership; it does not make the assignee a new partner. Since there is no change in who is a partner,
there is no dissolution. Choice "d" is incorrect. All partners must agree to make someone a partner, not
just the general partner.
NEW QUESTION: 2
Scenario:
A. Option C
B. Option D
C. Option B
D. Option A
Answer: D
NEW QUESTION: 3
You have set up the task.max-lwps resource control on your Solaris 11 system.
Which option describes how to configure the system so that syslogd notifies you when the resources control threshold value for the task.max-lwps resource has been exceeded?
A. Use the setrct1 command to set the logging of all resource control violations for the task.max-lwps resource control.
B. Use the rctladm command to enable the global action on the task.max-lwpa resource control.
C. Modify the /etc/syslog.conf file to activate system logging of all violations of task.maxlwps and then refresh then svc: /system/system-log:default service.
D. Use the prct1 command to set the logging of all resource control violations at the time the task.max-lwps resource control is being setup.
E. Activate system logging of all violations of task.max-lwpp in the /etc/rctldm.conf file and then execute the rctladm-u command.
Answer: B
Explanation:
rctladm - display and/or modify global state of system resource controls
The following command activates system logging of all viola-tions of task.max-lwps.
# rctladm -e syslog task.max-lwps #
NEW QUESTION: 4
In order to prevent all anonymous FTP users from listing uploaded file names, what security precaution can be taken when creating an upload directory?
A. The directory must not have the read or execute permission set.
B. The directory must not have the read permission set.
C. The directory must not have the write permission set.
D. The directory must not contain other directories.
E. The directory must not have the execute permission set.
Answer: B
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