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1 4 . Which one of the following best describes the primary advantage of being a limited partner rather than a general partner?a . Liability

14 .

Which one of the following best describes the primary advantage of being a limited partner rather than a general partner?a

.

Liability for firm debts limited to the capital investedb. Entitlement to a larger portion of the partnership's incomec. No potential financial lossd. Greater management responsibility

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