Which of the following is true about a limited partnership?
A) A limited partnership has difficulties raising large amounts of capital.
B) A limited partnership can be created only by complying with a state statute permitting limited partnerships.
C) A limited partnership cannot be transferred to another person.
D) Limited partners are liable for the obligations of the limited partnership after making their capital contributions.
Correct Answer:
Verified
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Q24: A _ is a partnership whose partners
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Q26: Which of the following is true about
Q27: Partners of a partnership:
A)are not liable for
Q28: Which of the following is an advantage
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