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Which of the following is a distinguishing feature of a limited partnership? a. The liability of each partner is limited to their capital contributions. b.
Which of the following is a distinguishing feature of a limited partnership?
a.
The liability of each partner is limited to their capital contributions.
b.
The liability of some partners is limited to their capital contributions.
c.
Limited partners may participate in the day-to-day management of the firm.
d.
Limited partnerships are only available to professionals.
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