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goji.go goji.go
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Posts: 5977
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10 years ago
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
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Diesel
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bbb
wrote...
#1
10 years ago
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.
Answer accepted by topic starter
goji.go Authorgoji.go
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#2
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10 years ago
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Diesel

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