Question
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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a Limited partners are prohibited from participating in the management of a limited partnership in s...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
