True/False
A limited partner who participates in the management of the partner?ship may be personally liable to the firm's creditors.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q16: Fern and Gray want to form a
Q17: A partner owes a partnership and its
Q18: A partnership for a definite term cannot
Q20: Mabel and Nicol do business as One
Q20: Clu,Dolf,and Elton do business as Fertile Valley
Q22: Dill and Edy form a partnership.Edy's capital
Q22: Jim and Kyle are partners in J&K
Q23: A general partner has the power to
Q25: A sharing of profits from the sale
Q26: A general partner is personally liable for