Which of the following statements is/are true of limited partnerships?
A) Limited partners enjoy limited liability but do not participate in management.
B) Generally limited partners put up most of the money.
C) Generally limited partners are institutional investors.
D) All of the above statements are true of limited partnerships.

Question

Quizplus · Accepted Answer

Limited partnerships typically involve limited partners who contribute capital and enjoy limited liability, often putting up most of the money, and they are frequently institutional investors.

Which of the Following Statements Is/are True of Limited Partnerships