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Limited partners benefit from which of the primary advantages a ) they have the opportunity to earn tax - free income b ) their responsibility
Limited partners benefit from which of the primary advantages
a they have the opportunity to earn taxfree income
b their responsibility for the firm's debts is prorated based on their percentage of ownership
c they do not face any potential financial losses
d they have control over the administrative affairs of the partnership
e their maximum loss cannot exceed the amount of their capital investment
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