Alchorn, Black, and Chan formed a limited partnership with
Chan becoming the only limited partner. Capital contributions
from these partners were $20,000, $40,000, and $50,000, respectively.
Chan, however, helped in the management of the partnership
and Ham, who had several contracts with the partnership,
thought Chan was a general partner. Ham won several breach of
contract actions against the partnership and the partnership does
not have sufficient funds to pay these claims. What is the potential
liability for Alchorn, Black, and Chan?