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A limited partnership must have at least one general partner and one limited partner. Select one: True False A limited partner is guaranteed distributions (return

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A limited partnership must have at least one general partner and one limited partner. Select one: True False A limited partner is guaranteed distributions (return on his investment). Select one: True False A limited partner's liability is limited to his capital contribution Select one: True False A limited partner will never lose his limited liability, even if he participates in management. Select one True False A general partner in a limited partnership is 100% personally liable for partnership debts. Select one True False

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