Which of the Following Is a Consequence of Defective Formation

Multiple Choice

Which of the following is a consequence of defective formation of a limited partnership?

A) Contracts entered into by the partnership will be void.
B) Contracts entered into by the partnership will be voidable by the other party.
C) The rights between the partners will be different as a result of the defective formation.
D) A partner who would have otherwise enjoyed limited partner status might have unlimited liability to a third party who conducted business with the partner, while holding a "good faith" belief that the partner was a general partner.
E) A partner who would have otherwise enjoyed limited partner status will have unlimited liability to all third parties who conduct business with the partnership during the time period affected by the defective formation.