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To what extent are the personal assets of a general partner

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To what extent are the personal assets of a general partner, limited partner, or member of an LLC subject to (a) contractual liability claims, such as trade accounts payable, and (b) malpractice claims against the entity?

Answer the questions for partners or members in a general partnership, an LLP, a nonprofessional LLC, and a limited partnership. When you reply to your classmates posting make sure you ask for additional information on how they came up with the answer that they did.

Reference no: EM13496252

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