What advantages does a limited partnership have over a general partnership?

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asked Dec 27, 2022 49.9k views

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JIANG · Answer 1 · 2023-01-02T02:44:09+0000

Answer:

A limited partnership has advantages that do not exist in a general partnership. Each limited partner has liability for the debts of the business limited to the extent of their investment in the company.

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What advantages does a limited partnership have over a general partnership?

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