Jill was a limited partner in a retail business that was sued by a customer who fell in the store. The customer claimed the business was negligent in caring for its floors. Which statement best describes Jill's potential personal liability?

1. Jill has no potential liability to the customer.

2. Jill can be held personally liable to the customer since she is a partner.

3. Jill can only be liable to the amount of her investment Jillis personally liable, but the woman must first collect from the general partners before collecting from Jill.

Question

Social Studies

Collin Travis

8 March, 21:43

Jill was a limited partner in a retail business that was sued by a customer who fell in the store. The customer claimed the business was negligent in caring for its floors. Which statement best describes Jill's potential personal liability?

1. Jill has no potential liability to the customer.

2. Jill can be held personally liable to the customer since she is a partner.

3. Jill can only be liable to the amount of her investment Jillis personally liable, but the woman must first collect from the general partners before collecting from Jill.

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Answers (1)

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Slick · Answer 1

Answer: 3. Jill can only be liable to the amount of her investment Jillis personally liable, but the woman must first collect from the general partners before collecting from Jill.