Hank Is a Limited Partner in a Limited Partnership

Hank is a limited partner in a limited partnership.Hank has considerable expertise in the partnership's business,thus Hank has been hired as a consultant for the limited partnership.Hank noticed several problems with the management of the business.Hank then made several recommendations,including removing one of the general partners,expanding into an additional line of business,and borrowing substantial money to finance the expansion.At a partnership meeting to discuss Hank's recommendations,Hank voted in favor of removing the partner,expanding the business,and borrowing the money to do so.In order to get the loan on more favorable terms,Hank executed a personal guarantee on the indebtedness.The partnership expanded but could not generate sales to support the expansion.Upon dissolution,the partnership's debts exceed its assets.Numerous creditors claim that Hank should be considered a general partner.Discuss Hank's liability.