menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Entrepreneurship
  4. Exam
    Exam 6: Forms of Business Ownership
  5. Question
    A General Partner Is Personally Liable Only for the Amount
Solved

A General Partner Is Personally Liable Only for the Amount

Question 71

Question 71

True/False

A general partner is personally liable only for the amount of money he has invested in the partnership.

Correct Answer:

verifed

Verified

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

Related Questions

Q43: In a sole proprietorship,the owner has limited

Q66: The most common form of business ownership

Q67: What is a corporation? Explain the advantages

Q68: A corporation formed and chartered in Kansas

Q69: Each partner in a limited liability partnership

Q70: In a partnership, the _ partner(s)has (have)unlimited

Q72: Mini Case 6-1: "Today, You Gotta' Be

Q74: Which of the following issues would a

Q75: Carlos founded the "Taco Factory" 20 years

Q94: An S-corporation form of ownership overcomes which

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