Multiple Choice
Which of the following is an additional feature of a limited liability partnership compared to a limited partnership?
A) It has a general partner who does not participate in the day-to-day operations of the partnership.
B) It limits the personal liability of limited partners to their contribution in the business.
C) It restricts the general partner from taking high-risk projects.
D) It protects each partner from any malpractice or negligence of another partner's actions.
Correct Answer:

Verified
Correct Answer:
Verified
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