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Business, 24.04.2020 20:52 ciarra31

Peron and Quinn formed P and Q Limited Partnership. Peron made a capital contribution of $20,000 and became a general partner. Quinn made a capital contribution of $10,000 and became a limited partner. At the end of the first year of operation, a third party sued the partnership and both partners in a tort action. What is the potential liability of Person and Quinn, respectively

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Peron and Quinn formed P and Q Limited Partnership. Peron made a capital contribution of $20,000 and...
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