Question

Under the Revised Uniform Limited Partnership Act (RULPA), if a limited partners name is used in a firms name, that partner

A. does not get his or her contribution returned when the partnership dissolves.

B. cannot advise the general partner.

C. will become personally liable to unsuspecting creditors.

D. must actively participate in management activities to retain his or her status of limited liability.

E. cannot receive any of the partnerships profits.

Answer

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