Question: Question 3 2 ( 2 . 5 points ) Charlie and Mabel own a limited partnership. Charlie is the general partner who oversees the work
Question points
Charlie and Mabel own a limited partnership. Charlie is the general partner who
oversees the work in their metalworking business. Mabel is the limited partner. One
day, Mabel decides she is unhappy with how Charlie is managing the company and
assumes an active role in daytoday operations. The partnership is then sued by a
worker who was injured on the job. Can Mabel be held personally liable for a
resulting judgment against the partnership?
Yes, because either partner can always be held personally liable for the debts of
the partnership
No because Mabel is a limited partner
No because Charlie assumed all risk of personal liability as the general partner
Yes, because Mabel actively participated in the management of the company
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