Author Question: Brothers Inc, a partnership, consisted of three partners Jessie, Mark, and Jake. However, Jessie was ... (Read 436 times)

shofmannx20 · **on:** Jun 24, 2018

Brothers Inc, a partnership, consisted of three partners Jessie, Mark, and Jake. However, Jessie was declared bankrupt at a time the company suffered considerable losses. Which of the following is likely to be true?
A) Jake and Mark can declare the firm bankrupt.
B) Jessie can continue to be a partner in the firm.
C) Jake and Mark can enforce liability on Jessie.
D) Jessie is automatically exempt from partnership liabilities.

Question 2

An employer who requires women to wear a uniform but has no such requirement for men violates Title VII of Civil Rights Act.
Indicate whether the statement is true or false