Posted: 01 Mar 2007 at 12:50 | IP Logged
|
|
|
I still can't figure out whether a Limited Partner can be an Agent.
My observation is, a Limited Partner can be an Agent with limited rights.
If a thrid party assumes a limited partner as a general partner based on the rights assigned to him, then a limited partner will loose his limited liability status.
Correct me if I am wrong.
__________________ Kumar
Never lose FOCUS untill u hit the TARGET
BEC - Pass | REG - Pass | FAR - Pass | AUD - ??
|