Question

In a limited liability limited partnership, the liability of a general partner is limited to the...

In a limited liability limited partnership, the liability of a general partner is limited to the amount of capital he or she invests in the partnership.

options: True or False

0 0
Add a comment Improve this question Transcribed image text
Answer #1

True

The general partner actually is responsible or liable to the amount of capital he or she invests in the partnership.

Add a comment
Know the answer?
Add Answer to:
In a limited liability limited partnership, the liability of a general partner is limited to the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT