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A limited partnership differs from a general partnership. Unique aspects of operating a business in the form of a limited partnership, include all of the
A limited partnership differs from a general partnership. Unique aspects of operating a business in the form of a limited partnership, include all of the following EXCEPT:
a A certificate of limited partnership is filed and recorded with the state
b There is limited liability for the limited partners
c There must be at least one general partner with one or more limited partners.
d All partners retain the ability to share in the management of the business
e The general partner remains personally liable for partnership obligations
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