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isabella is a general partner who owns 50% interest in isabella and ferdinand industries. ferdinand is a limited partner who also has a 50% interest.
isabella is a general partner who owns 50% interest in isabella and ferdinand industries. ferdinand is a limited partner who also has a 50% interest. the partnership has $200,000 in liabilities, all of which are recourse liabilities. what is isabella's share of the total liabilities? a. $0 b. $150,000 c. $200,000
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