A ________ partnership is a modified form of a general partnership.
A) restricted
B) limited
C) partial
D) constrained
E) fractional

Question

Quizplus · Accepted Answer

A limited partnership is a modified form of a general partnership in which there are one or more general partners who manage the business operations and are personally liable for the partnership's debts, and one or more limited partners who contribute capital but do not participate in management and have limited liability.

A ________ Partnership Is a Modified Form of a General