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In general partnerships, every partner has the statutory right to participate in the management of the partnership. 1. Why are limited partnerships prohibited in the

In general partnerships, every partner has the statutory right to participate in the management of the partnership. 1. Why are limited partnerships prohibited in the management of the limited partnership in some states? Can you give me some insight on limited partners? How many states prohibit limited partnerships? 2. Why would 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? 3. Why is the fiduciary duty between general partner(s) and limited partner(s) even greater than the fiduciary duty between partners in a general partnership? What facts support this?

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