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Arthur and Bea decide to open a business and operate it as a partnership. They require additional funds to get the business operationalso they ask
Arthur and Bea decide to open a business and operate it as a partnership. They require additional funds to get the business operationalso they ask Cara if she would like to invest some money in the business and be a limited partnerwhich Cara agiees to. Select the statement which correctly states Caia's status. Cara is n_ot entitled to a share of the ongoing prots of the business; she has to wait until she sells her partnership interest to realize a gain. 0 Cara may be involved in the daytoday management and business decisions of the enterprise. 0 Cara will not have personal liability for partnership debts, but she may end up losing the entire amount she invested in the business
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