There Is No Limit to the Number of General Partners

question 57

True/False

There is no limit to the number of general partners a partnership may have, but it must have at least one general partner.

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Definitions:

Lowest Terms

The simplest form of a fraction, where the numerator and the denominator are reduced to their smallest values.

Fraction

A numerical representation indicating a part of a whole, typically expressed with a numerator and denominator.

Shrubs

Shrubs are woody plants smaller than a tree, often with multiple stems coming from the ground, used in landscaping and gardening.

Landscape Contractor

A professional who plans, designs, and maintains outdoor spaces, including gardens and green areas.