A limited partnership provides limited liability to Select one: O a, all general partners b. only to limited partners who do not participate in the management of the business c. only limited partners responsible for day to day management of the firm o d. all partners an Limited partnerships are not as prevalent as corporations because Select one: a. It is easier to transfer ownership by selling common stock than it is to sell partnership interests. b. Limited partners can lose up to three times the amount they invested in the partnership if the business goes bankrupt. c. Limited partnerships have the disadvantage of double taxation d. The general partner has no liability, making it difficult for the partnership to borrow money Long term finance is required for Select one: a. Intangible assets. O b. None of these. c. Current assets. d. Fixed assets