Ask Question
BusinessBusiness
11 December, 12:41

The primary advantage of being a limited partner is:

+1
Answers (1)
  1. 11 December, 12:55
    0
    When you are in a limited partnership, the person who holds the most capital invested also holds the maximum loss. A limited parnership has a the ability to have higher capital thana sole propritorship. When you are in a limited partnership, you are only able to lose the contributions you put into the investment and not anything of greater value.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The primary advantage of being a limited partner is: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Symon's Suppers Co. has announced that it will pay a dividend of $4.39 per share one year from today. Additionally, the company expects to increase its dividend by 4.2 percent annually. The required return on the company's stock is 11.4 percent.
Answers (1)
Another name for human resources management is a. operations management b. supervision c. personnel management d. training
Answers (1)
Use the information provided below to answer the following questions. Suppose a country using the United States' system of calculating official unemployment statistics has 100 million people, of whom 50 million are working age.
Answers (1)
Melon Lawn Co. advertises its new XJ200 lawn mower. Salespersons describing the XJ200 on behalf of Melon Lawn describe it as a "fabulous new mower" that will "take landscaping by storm." Melon Lawn's salespersons are engaging in a.
Answers (1)
A local Best Buy sells 8 times as many iPods as Sears. The difference between their sales is 490 iPods. How many iPods did each sell?
Answers (1)
New Questions in Business
What is the term that refers to a form of wealth that can be stored for the future?
Answers (1)
NewLinePhone Corp. is very risky, with a beta equal to 2.8 and a standard deviation of returns of 32%. The risk-free rate of return is 3% and the return on the market is 11%. NewLinePhone's marginal tax rate is 35%.
Answers (1)
Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.
Answers (1)
Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.
Answers (1)
An airline company is interested in the opinions of their frequent flyer customers about their proposed new routes. Specifically, they want to know what proportion of them plan to use one of their new hubs in the next 10 months.
Answers (1)
Home » Business » The primary advantage of being a limited partner is:
Sign Up Forgot Password?