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

Question 62

Multiple Choice

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


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

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