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What is the main difference between general partner liability and limited partner liability in a partnership? A . General partners have unlimited personal liability, while
What is the main difference between general partner liability and limited partner liability in a partnership?
A General partners have unlimited personal liability, while limited partners have limited personal liability
B General partner have limited personal liability, while limited partners have unlimited personal liability.
C General partners do not participate in the management of the partnership, while limited partners have management authority.
D General partners share in the profits and losses based on their ownership percentage, which limited partners do not have any financial responsibilities.
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