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Author Question: Which of the following is correct with respect to limited partnerships? (Read 190 times)

Jkov05

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Which of the following is correct with respect to limited partnerships?
◦ Limited partnership refers to the fact that limited partnerships can only carry on in certain kinds of businesses.
◦ Limited partnership refers to the fact that some partners have limited liability.
◦ Limited partnership refers to the fact that some partnerships are only created for a limited period of time.
◦ Limited partnership refers to the fact that no more than five people are allowed to be partners in such partnerships.
◦ Limited partnership refers to the fact that the partnership can only issue common shares.


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Marked as best answer by Jkov05 on Aug 7, 2021

honnalora

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Jkov05

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Reply 2 on: Aug 7, 2021
Wow, this really help


Kedrick2014

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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