Maltese is a general partner who would like to add Penton to the partnership as a limited partner. In regard to adding Penton, which of the following is true?
A) A limited liability company once set cannot add another limited partner only general partners may be added.
B) Only the limited partners must agree to add Penton.
C) Only the general partners must agree to add Penton.
D) A general partner who wants to add a partner must have the consent of all partners in the limited partnership
E) A limited liability company is set by statute, and if Penton exceeds the statutory maximum for partners, he cannot be added.
Correct Answer:
Verified
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