Question
Which of the following statements is true about limited partnerships?(1 point)
Responses
There is mutual agency among all partners in limited partnerships.
There are no partners with general liability status in a limited partnership.
Limited partners require final approval from the general partners on management decisions.
Limited partners have unlimited liability for the limited partnership.
Responses
There is mutual agency among all partners in limited partnerships.
There are no partners with general liability status in a limited partnership.
Limited partners require final approval from the general partners on management decisions.
Limited partners have unlimited liability for the limited partnership.
Answers
GPT 3.5
Limited partners have unlimited liability for the limited partnership.
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