Question: What does Joint and Several Liability mean in the context of a general partnership? Group of answer choices Only one partner s personal assets are

What does "Joint and Several Liability" mean in the context of a general partnership?
Group of answer choices
Only one partners personal assets are at risk for the partnerships debts.
Each partners personal assets are at risk both together (jointly) and separately (severally) for all debts and liabilities of the partnership, regardless of the source.
Partners are liable together (jointly) but not individually (severally) for the partnerships debts.
Partners have limited liability and are not personally responsible for the partnerships debts.

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