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Whichofthefollowingbestrepresentsadisadvantageofusingalimited partnership structure for a business? (p.219) Limited partners do not haveany liability for the debts of thebusiness. Limitedpartnersarerequiredbylawtoconsenttoapartnership agreement. Limitedpartnerscanforcea dissolutionofthebusiness anddistributionof its assets

Whichofthefollowingbestrepresentsadisadvantageofusingalimited partnership structure for a business? (p.219)
1. Limited partners do not haveany liability for the debts of thebusiness.
2. Limitedpartnersarerequiredbylawtoconsenttoapartnership agreement.
3. Limitedpartnerscanforcea dissolutionofthebusiness anddistributionof its assets in certaincircumstances.
4. Limited partners are forced to continue their involvement evenif they aredissatisfied with thebusiness.

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