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Which one of the following is true of a limited partnership? A. This association is based on equal status of partners. B. Limited partners can remain secret. C. It allows the organizer to retain control rather than sharing it. D. Obligations and debts are shared equally among all partners.
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Obligations and debts are shared equally among all partners is true of a limited partnership.
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Asked 8/10/2016 2:17:03 PM
Updated 8/10/2016 11:33:16 PM
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Obligations and debts are shared equally among all partners is true of a limited partnership.
Added 8/10/2016 11:33:16 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [8/11/2016 6:51:29 AM]
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