Which of the following types of liability do general partners of a limited partnership have for the debts and obligations of the limited partnership?
A) unlimited personal liability
B) limited capital liability
C) liability of termination as partner
D) limited personal liability
Correct Answer:
Verified
Q42: Partners who erroneously, but in good faith,
Q43: Limited partners are not liable for the
Q44: Limited partners have unlimited personal liability for
Q45: The name of a limited partnership can
Q46: What are the constraints on the name
Q48: Explain, with an example, the sharing of
Q49: A limited partner may engage in voting
Q50: A master limited partnership is a type
Q51: In the absence of a partnership agreement,
Q52: Which of the following types of liability
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents