carolpottthompson carolpottthompson
  • 10-05-2024
  • Business
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cORA IS A GENERAL PARTNER WHO OWNS A 50% INTEREST IN CS BRANDS, A PARTNERSHIP. JASON IS A LIMITED PARTNER ISN THE BUSINESS; HE ALSO HAS A 50% OWNERSHIP INTEREST. THE PARTNERSHIP HAS $60,000 IN RECOURSE LIBILITIES AND $40,OOO IN NONRECOURSE LIABILITIES. tO WHAT EXTENT ARE CORA'S PERSONAL ASSETS AT RISK DUE TO HER SHARE OF THE PARTNERSHIP DEBT?

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