Which of the following statements regarding limited partnerships is TRUE?
a. A general partner's liability is limited by the amount of their investment.
b. There is no limit on a limited partner's liability.
c. A limited partner is not liable until all the assets of the general partners have been exhausted.
d. A limited partner's liability is limited by the amount of their investment
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Home » Business » Which of the following statements regarding limited partnerships is TRUE? a. A general partner's liability is limited by the amount of their investment. b. There is no limit on a limited partner's liability. c.