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умк_Боброва_Анг

1. Join the halves.

                  1. The limited partnership has one general partner and …

                  1. A typical limited partnership can …

                  1. In a limited partnership the partners …

                  1. The partners invest capital and …

                  1. When some persons agree to join in a single transaction …

                  1. The partners must also agree …

                  1. A joint venture occurs only when …

                  1. A public offering to sell a syndicate share or interest in business …

                  1. In such a joint stock company a group of partners …

10. Federal and state securities laws apply …

a. … can avoid the unlimited liabilities.

b. … their partnership is called a joint venture.

c. … to share profits and losses.

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d. … requires special legal handling.

e. … called the board of directors, will control the business.

f. … a number of limited partners.

g. … receive shares of the profit according to the amounts invested. h. … the parties intend to do business as a partnership. i. … buy, manage and sell all kinds of real estate. j. … sales of joint stock company shares or certificates.