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Which statement is false concerning attributes of limited partnerships? A. Limited partners cannot be limited in liability for partnership obligations. B. There has to be
Which statement is false concerning attributes of limited partnerships?
A. | Limited partners cannot be limited in liability for partnership obligations. | |
B. | There has to be at least one general partner. | |
C. | The general partner(s) have the right to participate in managing the partnership. | |
D. | Limited partners have the right to a specified share of partnership income or loss. |
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