Which of the Following Would Not Be Personally Liable for the Debts

question 3

Multiple Choice

Which of the following would not be personally liable for the debts of the business?

• A) A sole proprietor.
• B) A partner in a general partnership.
• C) A general partner in a limited liability limited partnership.
• D) A general partner in a limited partnership.

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Definitions:

Social Influence

The effects of other people's actions, attitudes, or beliefs on an individual's behavior and thoughts.

Power

The capacity or ability to direct or influence the behavior of others or the course of events, often held by individuals or groups in social contexts.

Coercive Power

A form of power that is derived through the ability to punish or sanction others when they do not comply with demands or expectations.