Question: smcod.instructure.com Question 26 2.5 pts Claire invests $5,000 as a limited partner owning two percent of the Sun Partnership. The entity defaults on a $1

smcod.instructure.com Question 26 2.5 pts Claire invests $5,000 as a limited partner owning two percent of the Sun Partnership. The entity defaults on a $1 million bank loan. Claire: O Will likely lose her $5.000 investment, but no personal assets O Will be required to pay the creditor up to $5,000 in addition to her investment O Will be required to pay the creditor up to $1 million O Is not responsible for the financial dealings of Sun and will receive a refund of her investment D None of the above Question 27 2.5 pts (Xill) An S corporation: is a Federal entity. not allowed under California tax law

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