Franz $.$ Franz contributed $80\%(580,000)$ carries out $75\%$ of the day$-$to$-$day operations of the business.

of the eured onds to start the partnership and Wade contrio red $20\%(520\mathrm{.}000).$ Wade Which of the following is accurate with respect to the partners liability exposure?

$$Wade is liable for $75\%$ of any claims made.

$$Franz is liable for $80\%$ of any claims made.

$$Any claims against the business will be limited to $$100,000.$ d$)$

The partners have equal and unlimited liability in the business.