Which of the following is a right of a limited partner in a limited partnership:

Question

Quizplus · Accepted Answer

Limited partners have the right to participate in the dissolution of the business, which means they have a voice in how the assets are distributed when the partnership is ending. They do not have the right to make hiring decisions or take an active role in managing the business, as those are duties reserved for the general partner(s). Option D is incorrect because only B is a right of a limited partner. Option E is incorrect because limited partners do have some rights in the partnership.

Which of the Following Is a Right of a Limited