Limited partners do not participate in the management of the partnership.
Correct Answer:
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Q24: Which of the following is mandatory for
Q25: A limited partnership is a foreign limited
Q26: The ULPA supersedes the RULPA in the
Q27: Corporations are permitted to become general partners
Q28: Which of the following is true of
Q30: A limited liability limited partnership limits the
Q31: New general partners can be admitted only
Q32: A(n) _ is a document that sets
Q33: In most states, the formation, operation, and
Q34: Partners in a limited partnership who invest
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