7. A partnership is a taxable entity, separate from the partners.

19. Jill was a limited partner in a retail business that was sued by a customer who fell in the store. The customer claimed the business was negligent in caring for its floors. Jill has no potential liability to the customer.

Identify whether the statements are true or false. Explain or expand on your answer in a minimum of three sentences. This is to say that 3 sentences are sufficient, as long as they are good, substantive sentences. Repeating the question does not count as a sentence!