Stryder and Rease are in a limited partnership. Stryder invested $200,000 in the partnership. What is the maximum amount for which Stryder can be held liable in a lawsuit against the partnership? 

Group of answer choices Unlimited personal liability. 50% or $100,000. $200,000, the amount of capital he invested. A court would determine the amount of personal liability of a limited partner. The amount allocated by statute of the state in which the partnership is domiciled.

Answer rating: 100% (QA)

In a limited partnership the liability of a limited partner is typically limited to th... View the full answer