Question
Which one of these characteristics best describes the primary advantage of being a limited partner rather than a general partner? Multiple Choice Personal financial liability
Which one of these characteristics best describes the primary advantage of being a limited partner rather than a general partner?
Multiple Choice
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Personal financial liability limited to the capital invested
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Entitlement to a larger portion of the partnership's income
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Profits free of any income taxation
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Day-to-day management control of the business
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Overall control of the partnership
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Fintech In Islamic Finance Theory And Practice
Authors: Umar A. Oseni, S. Nazim Ali
1st Edition
1138494801, 978-1138494800
