Which of the Following Types of Liability Do Limited Partners

question 24

Multiple Choice

Which of the following types of liability do limited partners of a limited partnership have for the debts and obligations of the limited partnerships?

• A) unlimited personal liability
• B) liability restricted to debts up to their capital contributions
• C) liability of termination as partner
• D) unlimited organizational capital liability

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Definitions:

Demand Constraint

A demand constraint is a limitation in operations or supply chain management that restricts the quantity of goods that can be produced or delivered based on the demand.

Distribution Center

A facility for receiving, storing, and redistributing goods to destinations or customers, typically part of a larger supply chain network.

Television Sets

Devices designed to receive and display broadcast signals, allowing viewers to watch television programs.

Television Sets

Electronic devices designed to receive broadcast signals and display television programming and other audiovisual content.