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Cora is a general partner who owns 50% interest in CS Brands a partnership. Jason...

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Accounting

Cora is a general partner who owns 50% interest in CS Brands a partnership. Jason is a limited partner in the business; he also has a 50% ownership interest. The partnership has $60,000 in recourse liability and $40,000 in nonrecourse liabilities. To what extent are Cora's personal assets at risk due to her share of the partnership debt?

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