Question

Refer to the facts in the previous problem. QRT purchased $30,000 of dental equipment on credit. When QRT failed to pay its bill, the seller took it to court and won a judgment for $30,000. Discuss each owner’s personal liability for this judgment assuming that:
a. QRT is a general partnership.
b. QRT is an LLP.
c. QRT is an LLC.


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  • CreatedNovember 03, 2015
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