Which of the following aspects of a limited partnership differentiates general partners from limited partners?
A)Duration of the partnership in a company
B)Sharing of profits of a company
C)Financial contribution to a company
D)Participation in management of a company

Question

Quizplus · Accepted Answer

General partners have the right to participate in the management of the company while limited partners do not. The other options are common aspects of any type of partnership.

Which of the Following Aspects of a Limited Partnership Differentiates