In a general partnership, each partner is personally liable for:
A. the partnership debts that he or she created.
B. his or her proportionate share of all partnership debts regardless of which partner incurred that debt.
C. the total debts of the partnership, even if he or she was unaware of those debts.
D. the debts of the partnership up to the amount he or she invested in the firm.
E. all personal and partnership debts incurred by any partner, even if he or she was unaware of those debts.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In a general partnership, each partner is personally liable for: A. the partnership debts that he or she created. B. his or her ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » In a general partnership, each partner is personally liable for: A. the partnership debts that he or she created. B. his or her proportionate share of all partnership debts regardless of which partner incurred that debt. C.