SIE: Exercise

Taken from our SIE Online Guide

Exercise

Answer the following questions

  1. 1. Limited partnerships usually have a termination date written into their _____.
  2. 2. In a limited partnership, who does the day-to-day work of managing business?
  3. 3. The general partner has [unlimited liability/limited liability] with regard to a limited partnership.
  4. 4.

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