Limited partners in total profit enterprises


Rick and Sandy are limited partners in Total Profit Enterprises, a limited partnership. To avoid personal liability for partnership obligations, they must not

a. acquire an interest in the firm.

b. contribute property to the firm.

c. engage in activities independent of the firm's business.

d. participate in the firm's management.

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Business Management: Limited partners in total profit enterprises
Reference No:- TGS0113904

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