menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 30: Partnerships and Limited Liability Partnerships
  5. Question
    In a Limited Partnership,a Limited Partner Has Full Responsibility for the Partnership
Solved

In a Limited Partnership,a Limited Partner Has Full Responsibility for the Partnership

Question 29

Question 29

True/False

In a limited partnership,a limited partner has full responsibility for the partnership and for all its debts.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: A limited partnership cannot be dissolved by

Q25: Fact Pattern 30-1B (Questions B10-B13 apply)<br>Bryn,Cornell,and Duke

Q27: Edgar,Jon,and Phoebe do business as partners in

Q28: Every act of the partner concerning partnership

Q30: No partner is deemed to be an

Q31: Luke and Maya form Northwest Air Express,a

Q32: Fact Pattern 30-1B (Questions B10-B13 apply)<br>Bryn,Cornell,and Duke

Q33: Round-Up Ranch and Smith & Jones,Accountants,are limited

Q34: Nikki and Orlando are limited partners in

Q71: Fresco and Garcia form a partnership-HVAC Pros.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines