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Rick, Martha and Rob are all limited partners of RMR Limited Partnership (RMR), having each invested $150,000 in RMR. They do not participate in managing
Rick, Martha and Rob are all limited partners of RMR Limited Partnership (RMR), having each invested $150,000 in RMR. They do not participate in managing the business of RMR. JD Holdings Ltd. (JD) is the general partner of RMR. Rick and Martha each own 50% of the shares of JD. A court has found RMR liable for $100,000 for breaching a contract it had with Sally. How much can Sally collect from Martha? A. $0 B. $50,000. C. $100,000. D. $150,000.
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