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13, Regarding (1) contractual liability claims (i.e. trade accounts payable) and (2) malpractice claims against the entity, select the extent to which personal assets
13, Regarding (1) contractual liability claims (i.e. trade accounts payable) and (2) malpractice claims against the entity, select the extent to which personal assets of a general partner, limited partner, or member of an LLC are exposed. a. General Partner in a General Partnership b. C. Contractual Liability: Unlimited Malpractice Liability: Unlimited General Partner in a Limited Partnership Contractual Liability: Not applicable Malpractice Liability: Unlimited Limited Partner in a Limited Partnership Contractual Liability: Limited X Malpractice Liability: Limited
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