Bill is a partner in the accounting firm of Adzem & Subtraxum, LLP, a limited liability partnership. Bill and the firm are being sued for negligence because of an audit in which he was the partner-in-charge. If the jury finds that Bill's negligence caused the damages to the plaintiffs and a huge verdict is entered, Bill could lose ________.
A. nothing
B. his capital contribution into the LLP
C. his capital contribution into the LLP, along with his personal assets
D. his personal assets, but not his capital contribution into the LLP
Answer: C
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A. focuses on offering a more appealing product than rivals. B. lists methods of making money in its chosen business. C. maps out the company's history. D. outlines the competitive moves and approaches to be used in achieving the desired business results. E. links the company's financial targets to control mechanisms.
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