Duration: $60$ Minutes

Question $12$

Joe is deciding whether or not to invest $$30,000$ in a business that has pending law Joe invests and the business loses the lawsuits, the most Joe can lose is $$30,000$ if Joe is a general partner.

unlimited if Joe is a sole proprietor.

unlimited if Joe is a limited partner.

$$30,000$ plus his share of the lawsuits if Joe is a limited partner.