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| Which of the following statements is correct with respect to the differences and similarities between a corporation and a limited partnership? A. Directors owe fiduciary duties to the corporation and limited partners owe such duties to the partnership. B. Shareholders may be entitled to vote on corporate matters whereas limited partners are prohibited from voting on any partnership matters. C. Stock of a corporation may be subject to the federal securities laws registration requirements whereas limited partnership interests are automatically exempt from such requirements. D. A corporation and a limited partnership may be created only pursuant to a state statute and a copy of its organizational document must be filed with the proper state agency. |