Which of the following is a similarity between a general partner and a limited partner in a limited partnership?
A) Both can actively participate in the management of the company.
B) Both lack the protection of limited liability.
C) Both have no share in the company's profits.
D) Both contribute financially to the company.

Question

Quizplus · Accepted Answer

Both general and limited partners contribute financially to the company, although their roles and liabilities differ.

Which of the Following Is a Similarity Between a General