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Dr. Quinn and Dr. Rose are dentists who practice as equal owners of QR Dental Services. QR Dental Services purchased $30,000 of dental equipment on

Dr. Quinn and Dr. Rose are dentists who practice as equal owners of QR Dental Services. QR Dental Services purchased $30,000 of dental equipment on credit. When QR Dental Services failed to pay its bill, the seller took it to court and won a judgment for $30,000. Which of the following is a false statement?

A.

Dr. Quinn and Dr. Rose may be personally liable for the judgment if the entity is a LLC.

B.

Dr. Quinn and Dr. Rose may be personally liable for the judgment if the entity is a LLP.

C.

Dr. Quinn and Dr. Rose may be personally liable for the judgment if the entity is a general partnership.

D.

All of the above are correct (true) statements.

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