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In a Limited Liability Partnership,each Partner's Risk of Losing Personal

Question 10

Multiple Choice

In a limited liability partnership,each partner's risk of losing personal assets is:


A) limited to the amount that partner invested in the company.
B) limited to losses that result from their own acts and omissions and the acts and omissions of those who work under their supervision.
C) determined entirely by the maximum loss provision established by the articles of co-partnership.
D) nonexistent.

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