Austin has invested $50,000 as one of 5 general partners in a large shopping center that was purchased for $800,000.The shopping center has been unsuccessful and the partners fear that the property could be foreclosed upon soon.What amount is Austin liable for if the project fails?
A) $60,000
B) $18,000
C) $180,000
D) $800,000
E) $50,000
Correct Answer:
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