From whom may third parties collect debts if CUTE Company has reduced its partnership assets and unpaid liabilities?

When a partnership like CUTE Company has reduced its assets but still has unpaid liabilities, third parties looking to collect debts typically have a specific order of recourse. First, they can attempt to collect from the partnership's assets. If the partnership assets are insufficient to cover the debts or liabilities, then the third parties can pursue the individual partners.

The key point here is that in a general partnership, all partners are jointly and severally liable for the debts of the partnership. This means that if the partnership has insufficient assets, creditors can pursue any partner for the full amount of the debt, regardless of the partner's individual stake or involvement in the partnership's affairs.

Therefore, the correct answer recognizes that after exhausting the claim against the partnership assets, third parties can pursue all partners without discrimination or exemption, which aligns with the fundamental principles of partnership law regarding liability. This stance reinforces the notion that partnerships are collective entities, and the liability is not limited by individual partner agreements unless expressly stated in a partnership or operating agreement that modifies traditional liability rules.