Question
Limited partners bear lower risk than general partners because: Review Later Limited partners receive more of the business profit than general partners Limited partners do
Limited partners bear lower risk than general partners because:
Review Later
Limited partners receive more of the business profit than general partners
Limited partners do not contribute capital to the business
Limited partners are liable for up to only the amount they invested in the business
Limited partners are not required to pay taxes on their personal income
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
