Brent and Char are limited partners in Dental Center, a limited partnership. In terms of the firm's books and information regarding partnership business, Brent and Char are entitled to
A)access in proportion to their participation in management of the firm.
B)access to the parts that directly relate to their capital contributions.
C)no access.
D)complete access.

Question

Quizplus · Accepted Answer

Limited partners are entitled to complete access to the firm's books and information regarding partnership business, regardless of their level of participation in management. This ensures transparency and allows them to monitor their investment.

Brent and Char Are Limited Partners in Dental Center, a Limited