Register
What do limited partners in a business give up? What do they gain?
34.4k views
3 votes
What do limited partners in a
business give up? What do they gain?

User Ylzhang
by
7.4k points

2 Answers

2 votes

Answer:

In return for giving up management power, limited partners get the benefit of protection from personal liability.

Step-by-step explanation:

User Ramprasad
by
6.5k points
7 votes
Give up - They risk losing their investment in the company

Gain - Receive the benefit of liability protection from personal liability
User Mateeeeeee
by
7.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.1m questions

10.7m answers

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!