Nick and Priyankaare thinking about creating a image consulting business.They are interested in creating alimited partnership. Bollywoodactor,ShahrukhKhan, would like to become a limited partner. What are the responsibilities of a limited partner?

ShahrukhKhan's name will not be generally included in the name of the firm.

As a limited partner,ShahrukhKhan's is limited in his level of participation and management in the firm.

As a limited partner,ShahrukhKhan provides the partnership with money in exchange for a share in any profits. His liability is limited to his investment in the partnership and his share of the profits.

All of these answers are correct.