Final answer:
In a Limited Partnership, owners do not sell their membership interest.
Explanation:
False
When selling a Limited Partnership, the owners do not sell their membership interest because in a limited partnership, the partners maintain their ownership but may sell their partnership interest to new partners or investors.
For example, if an individual invests in a limited partnership and later wants to leave, they can sell their partnership interest to someone else without transferring ownership of the business itself.
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