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Business, 16.07.2019 07:00 kenziedil2637

Cindy was a limited partner in the jkl limited partnership. because of her expertise in this type of business, cindy was asked to take care of day-to- day operations of the partnership. jkl had two primary creditors, smith supply co. and jones discount. smith knew that cindy was a limited partner, but jones thought that cindy was a general partner. due to unforeseen economic conditions, jkl went bankrupt owing both smith and jones large amounts of money. both smith and jones sue cindy as a general partner. to what extent is cindy liable to them?

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Cindy was a limited partner in the jkl limited partnership. because of her expertise in this type of...
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