A general partner may also be a limited partner and thereby share in profits, losses, and distributions as a limited partner.
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Q5: A limited partnership must continuously maintain within
Q6: The RULPA and the 1985 RULPA are
Q7: Written consent of all partners is required
Q8: Limited partners have limited personal liability for
Q9: A limited partner will not lose his
Q11: A limited partner who participates in the
Q18: Under the RULPA,a limited partnership may not
Q24: The laws of the state in which
Q31: A limited partner owes a duty of
Q44: Only the general partners have access to
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