Limited partners are personally liable for debts of the business.
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Q3: Limited liability is not a feature of
Q4: Every limited partnership must have at least
Q5: While most states have adopted limited liability
Q6: A limited partner may bring a derivative
Q7: The rules for dissolution of a limited
Q9: An LLC is a separate legal entity
Q10: If a limited partnership certificate is never
Q11: The names of limited partners and investors
Q12: Limited partners may contribute only cash as
Q13: In a limited partnership, limited partners are
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