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Joe is a general partner in a limited partnership​ firm, while Jane is a limited partner in the same firm. Which of the following statements regarding their respective relationships to the firm is​ correct?
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Joe is a general partner in a limited partnership​ firm, while Jane is a limited partner in the same firm. Which of the following statements regarding their respective relationships to the firm is​ correct? A. Joe has no management authority within the partnership. B. Jane is legally involved in the managerial decision making of the firm. C. ​Jane's liability for the​ firm's debts consists solely of her investment in the firm. D. Withdrawal of Jane from the partnership will dissolve the partnership.

User Kim Hyesung
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Answer: Jane's liability for the firm's debts consists solely of her investment in the firm.

Step-by-step explanation:

its right

User Robin Agrahari
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