In a general partnership, each partner is individually liable to creditors for debts incurred by the partnership, to the extent of the partner's captal balance. True or False
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In a general partnership, each partner is individually liable to creditors for debts incurred by the partnership, to the extent of the partner's captal balance. True or False
Look at the beginning of your partnership chapter where it explains the advantages and disadvantages of partnerships and you will easily enough find your answer.
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