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Author Question: If three partners set out a term in their partnership agreement that John would only be responsible ... (Read 22 times)

jman1234

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on: Aug 7, 2021

Question 1

Partners can agree among themselves as to what portion of liability they each will bear, and their losses will be limited to that portion when being sued by outsiders.
◦ true
◦ false

Question 2

If three partners set out a term in their partnership agreement that John would only be responsible for 10 percent of any losses, yet he has to pay 100 percent of a claim because the other partners have no funds, John could seek contributions from the other partners according to the partnership agreement.
◦ true
◦ false
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by jman1234 on Aug 7, 2021

tkempin

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jman1234

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Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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