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In general partnerships, every partner has the statutory right to participate in the management of the partnership. a. Why do you think limited partners are

In general partnerships, every partner has the statutory right to participate in the management of the partnership. a. Why do you think limited partners are prohibited in the management of the limited partnership in some states? b. Why do you think some states have adopted statues that specifically provide that limited partners do not lose their limited liability status just because they participate in the limited partnership's management

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