When a partnership is found liable for a debt, which assets are first used to pay the debt?

When a partnership is found liable for a debt, which assets are first used to pay the debt?

A. Individual assets of the partners;

B. Personal property of the limited partners;

C. Partnership assets.

D. None of these

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments