Question: The Clock LLC borrowed $ 2 5 0 , 0 0 0 with recourse from an unrelated bank to finance the purchase of a piece

The Clock LLC borrowed $250,000 with recourse from an unrelated bank to finance the purchase of a piece of land. Clock LLC is owned by Javier, Sasha, and Steve equally. The allocation of this debt will follow the requirements for a recourse liability under 752. T/F?

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