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Which of the following is true regarding the liability of the partners in a limited partnership? A.Both the limited and general partners have unlimited liability

Which of the following is true regarding the liability of the partners in a limited partnership?

  • A.Both the limited and general partners have unlimited liability for the partnership debts.
  • B.The limited partners have limited liability and the general partners have unlimited liability for the partnership debts.
  • C.The limited partners have unlimited liability and the general partners have limited liability for the partnership debts.
  • D.If a corporation is a partner, its shareholders have unlimited liability for the partnership debts

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