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Limited partners benefit from which one of the following primary advantages? Multiple Choice They have the opportunity to earn tax - free income. Their responsibility
Limited partners benefit from which one of the following primary advantages?
Multiple Choice
They have the opportunity to earn taxfree income.
Their responsibility for the firm's debts is prorated based on their percentage of ownership.
They do not face any potential financial losses.
They have control over the administrative affairs of the partnership.
Their maximum loss cannot exceed the amount of their canital investmont
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