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Business, 07.03.2020 04:03 jayy0378

Joel is a limited partner in the Snow Bird Limited Partnership. He invested $5,000 to buy his interest. Joel is one of 10 partners, two of whom are general partners. Snow Bird is now insolvent, with debts exceeding assets by $96,000. The partnership creditors sue all the partners for these debts. How much additional money must Joel contribute?

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Joel is a limited partner in the Snow Bird Limited Partnership. He invested $5,000 to buy his intere...
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