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What is one of the advantages of being a limited partner as compared to a general partner in a partnership? a. decision-making power. b. liability
What is one of the advantages of being a limited partner as compared to a general partner in a partnership?
a. | decision-making power. | |
b. | liability only to the extent of the limited partner's investment in the partnership. | |
c. | liability falling exclusively on the general partner. | |
d. | right to be indemnified by other partners for business losses. |
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