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A general partner:O has a maximum loss equal to his or her equity investment.O taces double taxation whereas a limited partner does notO tes no

A general partner:O has a maximum loss equal to his or her equity investment.O taces double taxation whereas a limited partner does notO tes no say over a fris daily operations.O receives a salary in lieu of a portion of the profits.O i personal responsible for all partnership debts.

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