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If Alonzo Bajalia Were to Become a Limited Partner in a Landscaping

Question 57

Multiple Choice

If Alonzo Bajalia were to become a limited partner in a landscaping company,which of the following would occur?


A) He will agree not to participate in day-to-day management of the firm.
B) He will be limited in the number of hours he can work each month.
C) He will limited in the amount he can invest.
D) He will qualify for a limited income tax rate.

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