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    Advanced Accounting Study Set 3
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    Exam 16: Partnerships - Formation,operations,and Changes in Ownership Interests
  5. Question
    In a Limited Partnership,a General Partner
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In a Limited Partnership,a General Partner

Question 27

Question 27

Multiple Choice

In a limited partnership,a general partner


A) is excluded from management of the business.
B) is not entitled to a bonus at the end of the year.
C) has limited liability for partnership debt.
D) has unlimited liability for partnership debt.

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