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Limited partners are not personally liable for partnership debts beyond their capital contributions. True or False
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4 votes
Limited partners are not personally liable for partnership debts beyond their capital contributions. True or False

User Thkeen
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1 Answer

4 votes

Answer:

F?

Step-by-step explanation:

"A limited partnership has two types of​ partners: general and specific. ... Limited partners in a limited partnership invest capital but do not participate in management and are not personally liable for partnership debts beyond their capital contributions. E.A limited partnership must have one or more general partners."

User Silvio Bierman
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