Limited partners can have their name used in the partnership name and still have limited liability.

Name: Limited partners can have their name used in the partnership name and still have limited liability.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Limited partners typically cannot have their name used in the partnership name without risking their limited liability status; their involvement is financial, and they do not participate in the management of the business to maintain their limited liability protection.

Limited Partners Can Have Their Name Used in the Partnership