60.4k views
1 vote
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
by
8.0k points

1 Answer

3 votes
100,000 because partners are personally liable
User MWB
by
8.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories