Which of the following is correct regarding a limited partnership?
A) It can only be created pursuant to statutory provisions.
B) The general partner must make a cash or property contribution.
C) Limited partners are unable to vote on the incurrence of debt other than in the ordinary course of business under the safe harbor provisions of the RULPA.
D) It can be created in such a way that the general partner has limited liability.
Correct Answer:
Verified
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