The unlimited liability of partners means that not only can they lose their entire investment in the business, but their personal assets are also at risk, such as their home and car.

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Jennifer Perez · Accepted Answer

Final Answer : True, Explanation :  In a partnership with unlimited liability, each partner is personally responsible for the debts and obligations of the business, which means their personal assets can be used to satisfy business debts and liabilities.

The unlimited liability of partners means that not only can they lose their entire investment in the business, but their personal assets are also at risk, such as their home and car.

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