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

User Ylzhang
by
5.0k 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
4.2k 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
4.8k points
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