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:

Agricultural Programs

Initiatives and policies designed to support, regulate, and improve the agricultural sector, including subsidies, research, and development.

Freedom To Farm Act

A United States federal law passed in 1996 that aimed at deregulating agriculture, allowing farmers to make planting decisions based on market demands rather than governmental directives.

Market Prices

The current price at which an asset or service can be bought or sold in a particular marketplace.

Cancer Death Rates

The ratio or statistics indicating the number of deaths caused by cancer per unit of population over a specific period of time.