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

User Ylzhang
by
8.7k 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
7.4k 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
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.