If a limited partner becomes too involved in the management of the partnership he may become a general partner's operation of law and have more liability than he bargained for.

Name: If a limited partner becomes too involved in the management of the partnership he may become a general partner's operation of law and have more liability than he bargained for.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

Limited partners should refrain from becoming too involved in the operation of the partnership.

If a Limited Partner Becomes Too Involved in the Management