Gerald and Tanji Are General Partners in a Partnership with Mafasa

Multiple Choice

Gerald and Tanji are general partners in a partnership with Mafasa and Rolf,who are also partners but with narrowly defined rights.Which of the following accurately reflects the disadvantage Mafasa and Rolf share?

A) Their losses as limited partners are restricted to their capital investments.
B) What constitutes partaking in management is difficult to define.
C) Participation in management activities will risk their unlimited liability status.
D) Public notification of their identify and amount of capital contribution is required.