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Venture Capital, LP, Is a Limited Partnership

Question 60

Multiple Choice

Venture Capital, LP, is a limited partnership.Its limited partners include more than 150 sophisticated investors and investment professionals.A Venture limited partner must


A) act as the firm's manager.
B) not participate in the firm's management.
C) cannot invest in Unified Fund, one of Venture's competitors.
D) assume liability for all partnership debts.

Correct Answer:

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