Final answer:
The primary advantage of being a limited partner instead of a general partner is limited liability. Option a
Step-by-step explanation:
The primary advantage of being a limited partner instead of a general partner is limited liability.
In a limited partnership, the limited partners are only liable for the amount they have invested in the company. This means that their personal assets are protected and they are not at risk of losing them if the company fails or faces legal issues.
On the other hand, a general partner has unlimited liability, which means they are personally responsible for all the debts and liabilities of the business. They risk losing their personal assets in case of bankruptcy or lawsuits. Option a