Mainly, the Limited partners has a primary advantages in the partnership which is limited business debts up to their personal liability.
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Who is Limited partners?</h3>
A limited partner is an entity that purchased shares in the partnership as an investment but is not actively involved the investment's day-to-day activities.
In conclusion, the Limited partners has a primary advantages in the partnership which is limited business debts up to their personal liability.
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Answer: 1) c 2) a 3) b 4) a 5) b 6) d 7) a
Explanation:
