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Which one of the following statements about a limited partnership is correct? Multiple Choice Equity financing is easy to obtain and unlimited. All partners have
Which one of the following statements about a limited partnership is correct?
Multiple Choice
Equity financing is easy to obtain and unlimited.
All partners have their losses limited to their capital investment in the partnership.
All partners are treated equally.
Any partner can transfer his or her ownership interest without ending the partnership.
There must be at least one general partner.
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