|
Title: Which of the following is the limit of liability of a limited partner? Post by: goji.go on Jul 15, 2013 Which of the following is the limit of liability of a limited partner?
A) the amount of their investment B) the amount of business capital C) the amount of their shared profits D) the amount of their personal assets E) the amount of his/her share of the profits Title: Re: Which of the following is the limit of liability of a limited partner? Post by: bbb on Jul 16, 2013 A) Limited partners are involved as investors and are personally liable only up to the amount of their investment in the business. The remainder of the liability lies with the general partner. Limited partner's assets are not at risk.
Title: Re: Which of the following is the limit of liability of a limited partner? Post by: goji.go on Jul 16, 2013 Content hidden
|