In a Master Limited Partnership, who has unlimited liability for the debts and obligations of the partnership?
A) Only the limited partners
B) Only the general partner(s)
C) All partners
D) Liability is allocated in the operating agreement
Answer: B
In a Master Limited Partnership, who has unlimited liability for the debts and obligations of the partnership?
A) Only the limited partners
B) Only the general partner(s)
C) All partners
D) Liability is allocated in the operating agreement
Answer: B