What partner can lose only what they invested in the business?

1 answer

Answer

1266152

2026-03-29 16:25

+ Follow

A limited partner can lose only what they invested in the business. In a limited partnership, limited partners have limited liability, meaning they are not personally responsible for the debts and obligations of the partnership beyond their investment. This protects their personal assets, as their risk is confined to the capital they contributed to the business.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.