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