Which of the following partnership owners is personally, Ask an Expert

Accounting

Which of the following partnership owners is personally liable for the entity's debts to general creditors? Select the best answer and describe your answer.

a. A general partner in a general partnership.

b. A limited partner in a limited partnership.

c. A member of a limited liability company.

d. A partner in a limited liability limited partnership.

e. None of these owners are personally liable for entity debts.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M947657

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