Which of the following statements is correct with respect to a limited partnership?

Which of the following statements is correct with respect to a limited partnership?





a. A limited partner may not be an unsecured creditor of the limited partnership.
b. A general partner may not also be a limited partner at the same time.
c. A general partner may be a secured creditor of the limited partnership.
d. A limited partnership can be formed with limited liability for all partners.


Answer: c


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