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Viveka, Jeong, and Rosica are partners in Elite Accounting, a limited liability partnership (LLP). Jeong...

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Accounting

Viveka, Jeong, and Rosica are partners in Elite Accounting, a limited liability partnership (LLP). Jeong engaged in tortious conduct by converting (taking) their clients funds for his own personal use. If the plaintiff clients sue Elite Accounting but the business assets cannot cover the damages, which is the following will likely occur?
Multiple Choice
Jeongs personal assets will be protected, but only if he was a general partner.
All the partners personal assets will be protected.
Vivekas and Rosicas personal assets will be protected, but not Jeongs personal assets.
Jeongs personal assets will be protected, but not Vivekas or Rosicas personal assets.

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