One of the main advantages of being a limited partner is？ The profits of a limited...
One of the main advantages of being a limited partner is？
- The profits of a limited partner are tax free
- Limited partners can help with management
- Limited partners are not held responsible for management
- Limited partners are separate legal persons
Homework Answers
Limited liability partnerships are similar to corporations where shareholders and the corporation are the separate legal entity.
The answer is :-
Limited partners are separate legal persons
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One of the main advantages of being a limited partner
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