00:02
Hello, this partnership is a limited partnership.
00:05
So, as we know, limited partnership is a type of partnership organization that limits the personal liability of some partners.
00:17
So the level of liability is not equal.
00:20
Some of them are limited, some of them are no.
00:23
So here we have five partners.
00:27
So let's look to all of them.
00:29
So both c and d are limited partners.
00:35
So this means they don't have any personal liability for these losses.
00:42
So we can, we don't consider s and d.
00:46
We can forget about them.
00:49
E is an industrial partner.
00:54
And for industrial partner, we know that and in the liability, all partners are liable to third persons, like this, in this case...