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    kmmasters's Avatar
    kmmasters Posts: 1, Reputation: 1
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    #1

    Mar 10, 2010, 07:25 PM
    In a general partnership each partner is liable to creditors for debts incurred by th
    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
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Mar 11, 2010, 01:18 AM

    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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