Question: A general partner Multiple Choice cannot lose more than the amount of his/her equity investment. has less legal llability than a limited partner. faces double

A general partner Multiple Choice cannot lose more than the amount

A general partner Multiple Choice cannot lose more than the amount of his/her equity investment. has less legal llability than a limited partner. faces double taxation whereas a llmited partner does not has more management responsibility than a limited partner. Is the term applied only to corporations that Invest in partnerships

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