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Andy Invests $5,000 as a Limited Partner in FastHorses, LP

Question 58

Multiple Choice

Andy invests $5,000 as a limited partner in FastHorses, LP. When all of the horses owned by FastHorses fail to win races and the limited partnership goes bankrupt, Andy loses


A) $5,000.
B) $2,500.
C) $5,000 plus his house.
D) nothing.

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