A(n) ________ is a document that sets forth the rights and duties of general and limited partners.

Question

Quizplus · Accepted Answer

A limited partnership agreement outlines the respective obligations and privileges of all parties involved, including general partners and limited partners. A certificate of limited partnership and certificate of registration offer documentation that the partnership exists, but do not provide specific provisions for partner rights and obligations. A limited trade affidavit is not a commonly used legal document in the context of partnerships.

A(n) ________ Is a Document That Sets Forth the Rights