In a limited partnership,limited partners are treated as:
A)sole proprietors.
B)investors.
C)stakeholders.
D)directors.

Question

Quizplus · Accepted Answer

Limited partners are investors who contribute capital to the business but have limited liability and do not participate in the management of the partnership. They are not treated as sole proprietors or directors, and while they may be considered stakeholders, this is not their primary classification within a limited partnership.

In a Limited Partnership,limited Partners Are Treated As