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Denesha Enters a Limited Partnership and Contributes $150,000 as a Limited

Question 44

Multiple Choice

Denesha enters a limited partnership and contributes $150,000 as a limited partner.The limited partnership consisting of two general and two limited partners were sued over debt.Assuming the limited partnership is properly conducted,what is the maximum for which Denesha can be held liable?


A) $75,000
B) $150,000
C) $100,000
D) Denesha has unlimited personal liability.
E) $50,000

Correct Answer:

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