Question
Which of the following statements is correct with respect to a limited partnership? A limited partner may not be an unsecured creditor of the limited
a limited partnership?
A limited partner may not be an unsecured creditor of
the limited partnership.A general partner may not also be a limited partner at
the same time.
A general partner may be a secured creditor of the limited
partnershipA limited partnership can be formed with limited liability
for all partners.
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