Samuel Organized a Limited Partnership and Is the Only General

Multiple Choice

Samuel organized a limited partnership and is the only general partner. Francesca invested $25,000 in the partnership and was admitted as a limited partner with the understanding that she would receive 12% of the profits. After several unprofitable years, the partnership ceased business, at which time the partnership had liabilities $60,000 greater than its assets. How much money can the partnership creditors obtain from Francesca personally to satisfy the partnership debts?

A) $30,000
B) $25,000
C) $7,200
D) $3,000
E) $0