Homework Answers
The correct option C : $ 65,000.
Recourse liabilities compels the general partner like Marcus for repayment in full, as Malcolm is limited Partner. But In case of non-recourse liabilities, he will be liable to the extent of his share that is 50%.
So Marcus' total share in liabilities will be-
| 100% of Recourse liabilities | $50,000 |
| +50% of Non-recourse liabilities | $15,000 |
| Marcus' total share in liabilities | $65,000 |
Thanks & all the best...............
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