A Limited Partner Is Liable

question 86

Multiple Choice

A limited partner is liable

• A) for only his or her own share of the partnership's debts.
• B) for his or her own share of the partnership's debts and contingently liable for the other partners shares.
• C) only up to the amount invested by that partner.
• D) for none of the partnership's debts.

---

Definitions:

Electric Current

The flow of electric charge through a conductor, typically measured in amperes.

Antidepressant Drugs

Medications used to treat depression by influencing neurotransmitter levels in the brain.

Aerobic Exercise

Physical activity that improves the efficiency of the cardiovascular system in absorbing and transporting oxygen.

Nutritional Supplements

Products intended to add nutritional value to the diet, such as vitamins, minerals, and amino acids.