Chapter 04 Assignment: Choosing a Form of Business Ownership 5 of 25 Total points:-/5.05 Attempts left: 1 Manuel, a financial entrepreneur, has been offered a limited partnership in a natural gas drilling partnership. He is considering whether to pursue this opportunity. Which of the following is correct regarding limited partners? They have liability for losses beyond their investment in the partnership. They are prohibited from associating with natural gas and oil ventures, due to the high risk associated with these business enterprises and the substantial risk of injuries to third parties. They assume responsibility for operating the business. They receive a portion of partnership profits and tax benefits. Submit