asked 60.4k views
1 vote
A partnership owned equally by 13 partners is worth $1.3 million. The partnership loses a lawsuit worth $3 million. What is the value of any personal property each partner must forfeit to pay the settlement? Explain

asked
User GBleaney
by
8.0k points

1 Answer

3 votes
100,000 because partners are personally liable
answered
User MWB
by
8.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.