asked 34.4k views
3 votes
What do limited partners in a
business give up? What do they gain?

asked
User Ylzhang
by
8.7k points

2 Answers

2 votes

Answer:

In return for giving up management power, limited partners get the benefit of protection from personal liability.

Step-by-step explanation:

answered
User Ramprasad
by
7.4k points
7 votes
Give up - They risk losing their investment in the company

Gain - Receive the benefit of liability protection from personal liability
answered
User Mateeeeeee
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.