With regard to a limited partner's capital contribution to the limited partnership:

Question

Quizplus · Accepted Answer

Option (B) is true as per the Uniform Limited Partnership Act, a limited partner's promise to contribute to the partnership is not enforceable unless it is in writing and signed by the limited partner.

Option (C) is also correct. If a limited partner has promised to make a certain contribution in a signed writing and fails to do so, they are liable to the partnership for the difference between the amount they promised and the actual contribution made.

Therefore, the correct answer is (D) - both option (B) and (C) are true.

With Regard to a Limited Partner's Capital Contribution to the Limited