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  3. Study Set
    Principles of Taxation
  4. Exam
    Exam 10: Sole Proprietorships, Partnerships, Llcs, and S Corporations
  5. Question
    All General Partners Have Unlimited Personal Liability for the Debts
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All General Partners Have Unlimited Personal Liability for the Debts

Question 68

Question 68

True/False

All general partners have unlimited personal liability for the debts of the entity.

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