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You as a limited partner agree to pay $10,000 for your partnership interest. You only pay $1,000. The partnership goes belly up and there are
You as a limited partner agree to pay $10,000 for your partnership interest. You only pay $1,000. The partnership goes belly up and there are $50,000 of unpaid bills. You just got sued, what is your maximum liability (other than your original investment)? Assume that all other partners other than you are broke. You are the only pockets available to pay this debt. O a. nothing this is why you were a limited partner O b. $9,000 that you haven't paid and the $1,000 you did invest O c. the partnership did not register with the state so the whole $50,000 O d. all $50,000 because you did not do what you promised (pay the $10,000) O e. the $1,000 you originally invested
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