What if any recourse is available to john and amy


Problem

John and Amy form a partnership which is later incorporated. The corporation enters into a limited partnership with SEWEE, Inc., a provider of swine supplies to local farmers. SEWEE, Inc. goes "belly-up" -out of business- and its creditors sue SEWEE and her owners/investors. What, if any, recourse is available to John and Amy? In essence, what would happen to the assets of their corporation?

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Business Law and Ethics: What if any recourse is available to john and amy
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