Which One of the Following Best Describes the Primary Advantage

question 192

Multiple Choice

Which one of the following best describes the primary advantage of being a limited partner rather than a general partner?

• A) Entitlement to a larger portion of the partnership's income.
• B) Ability to manage the day-to-day affairs of the business.
• C) No potential financial loss.
• D) Greater management responsibility.
• E) Liability for firm debts limited to the capital invested.

---

Definitions:

Chart Styles Button

A feature in spreadsheet and presentation software that allows users to quickly change the look and feel of a chart through predefined styling options.

Quick Layout

A feature in presentation and spreadsheet software that allows users to quickly apply a specific layout to charts or slides.

Change Colors

The process of altering the colors of elements on a digital interface, such as a website or an application.

Chart Styles Group

A collection of design options in spreadsheet and charting software that allows users to customize the appearance of their charts.