Which of the Following Is an Additional Feature of a Limited

question 80

Multiple Choice

Which of the following is an additional feature of a limited liability partnership compared to a limited partnership?

• A) It has a general partner who does not participate in the day-to-day operations of the partnership.
• B) It limits the personal liability of limited partners to their contribution in the business.
• C) It restricts the general partner from taking high-risk projects.
• D) It protects each partner from any malpractice or negligence of another partner's actions.

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Definitions:

Biometric Hardware

Devices that measure and analyze human physical and behavioral characteristics for authentication purposes, such as fingerprint scanners.

Fingerprint

Unique patterns formed by ridges and lines on the tips of human fingers, often used for biometric identification.

Administrative Tool

A software utility or application provided within an operating system or software package to assist in managing system or application settings and configurations.

Reliable

Describes something or someone that is consistently good in quality or performance, able to be trusted.