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Author Question: In a limited partnership, all partners' liabilities are limited to their investment in the ... (Read 59 times)

JMatthes

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on: Jul 10, 2018
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


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diesoon

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Reply #1 on: Jul 10, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


JMatthes

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

tuate

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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