In a limited partnership the limited partners...

Question 23 options:

have their personal assets exposed to third parties for any liabilities incurred by their personal negligent conduct, but are limited otherwise to what they invested in the partnership business

have their personal assets exposed to third parties for any liabilities incurred by the partnership business

have only what they invested in the partnership business exposed to third parties for any liabilities incurred by the partnership business

have no assets exposed to third parties for any liabilities incurred by the partnership business