Which of the Following Is Correct with Respect to Limited

Multiple Choice

Which of the following is correct with respect to limited partnerships?

A) Limited partnership refers to the fact that some partnerships are only created for a limited period of time.
B) Limited partnership refers to the fact that some partners have limited liability.
C) Limited partnership refers to the fact that no more than five people are allowed to be partners in such partnerships.
D) Limited partnership refers to the fact that limited partnerships can only carry on in certain kinds of businesses.
E) Limited partnership refers to the fact that the partnership can only issue common shares.