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A partnership owned equally by 13 partners is worth $1.3 million. The partnership loses a lawsuit worth $3 million. What is the value of any personal property each partner must forfeit to pay the settlement?
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A partnership owned equally by 13 partners is worth $1.3 million. The partnership loses a lawsuit worth $3 million. What is the value of any personal property each partner must forfeit to pay the settlement? Explain

User GBleaney
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3 votes
100,000 because partners are personally liable
User MWB
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