What can a limited partner contribute to the partnership?

In a limited partnership, a limited partner is primarily a passive investor who contributes financially to the partnership but does not partake in its day-to-day management. The contributions that a limited partner can validly make to the partnership are typically restricted to monetary investments and property.

The reason this answer is correct is that limited partners are generally allowed to contribute capital in the form of money and can also contribute tangible or intangible property. This can include real estate, equipment, or intellectual property. However, the key point is that while they can contribute these assets, they are not permitted to engage in the management of the partnership. This distinction helps maintain their limited liability status.

Services, while valuable, are not an acceptable form of contribution for a limited partner if they wish to retain limited liability. If a limited partner provides services, they risk being classified as a general partner, losing their limited liability protection. Therefore, the correct answer highlights the acceptable modes of contribution for a limited partner under the partnership law framework.