This topic contains a solution. Click here to go to the answer

Author Question: In a limited partnership, all partners' liabilities are limited to their investment in the ... (Read 99 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
In a limited partnership, all partners' liabilities are limited to their investment in the partnership.
 
  Indicate whether the statement is true or false

Question 2

A sole proprietor has unlimited liability; his or her total investment in a business, but not his or her personal assets, can be taken to satisfy creditors.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

TRUE

Answer to Question 2

FALSE




JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jul 10, 2018
:D TYSM


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

For a complete list of videos, visit our video library