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Question 12 (1 point) A limited partnership consists of at least one general partner that assumes responsibility for managing the business of the partnership and
Question 12 (1 point) A limited partnership consists of at least one general partner that assumes responsibility for managing the business of the partnership and is alland at least one limited partner whose liability is limited to the amount of money contributed to the partnership business. liable for all the debts and obligations of the partnership to an unlimited degree not liable for all of the debts and obligations of the partnership O 50% liable for some of the debts and obligations of the partnership somewhat liable for some of the debts and obligations of the partnership to a limited degree
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