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Basic Question 10 of 15

Which party has unlimited liability for the debt of a limited partnership?

I. The general partner (GP)
II. The limited partners (LPs)
III. Both GP and LPs

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe investment ownership and compensation structures commonly used in alternative investments

CFA® 2025 Level I Curriculum, Volume 5, Module 1.