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BUSINESS LAW & CONTRACTS: What r the advantages of being a limited partner rather than a general partner?
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BUSINESS LAW & CONTRACTS: What r the advantages of being a limited partner rather than a general partner?

Question by Jolie Belle: BUSINESS LAW & CONTRACTS: What r the advantages of being a limited partner rather than a general partner?

Best answer:

Answer by Ghost of Zeuz
limited partner – liability limited to your investment in the partnership
general partner – unlimited liability

What do you think? Answer below!