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    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 31: Operation and Dissolution of General Partnerships
  5. Question
    If the General Partnership Is Bound by a Contract, Then
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If the General Partnership Is Bound by a Contract, Then

Question 36

Question 36

True/False

If the general partnership is bound by a contract, then each individual general partner has unlimited personal liability for that obligation.

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