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Mohamed, Marty and Manuel are considering starting a business together. They meet to discuss the implications of creating a partnership. Which of these statements is

Mohamed, Marty and Manuel are considering starting a business together. They meet to discuss the implications of creating a partnership. Which of these statements is correct?

Limited partners can participate in the business, with no liability.

Even a limited partner can lose what he has invested.

They can all register as limited partners.

All of the answers are incorrect.

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