The most significant advantage(s)of limited partnerships are

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Limited partnerships offer limited liability protection to limited partners, meaning they are not personally responsible for the partnership's debts and obligations beyond their investment. Additionally, profits and losses are assigned directly to the partners, allowing for flexibility in taxation and management. Option B is incorrect as unlimited liability is a disadvantage of general partnerships, not a benefit of limited partnerships. Option C may be true in some cases, but it is not the most significant advantage of limited partnerships overall. Option D is incorrect as limited partnerships do offer advantages.

The Most Significant Advantage(s)of Limited Partnerships Are