This topic contains a solution. Click here to go to the answer

Author Question: With regard to the liability of partners, which of the following is true? (Read 54 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
With regard to the liability of partners, which of the following is true?
◦ A general partner has limited liability for any loss suffered because of the negligent act (e.g., omission) of one of his partners.
◦ The partnership, and thus the partners, are liable for any loss suffered because of a tort committed by its employee outside the course of his employment.
◦ A limited partner has unlimited liability beyond the amount of his initial investment.
◦ A general partner could not be liable for losses suffered by a client because of misapplication of funds unless he knew about or took part in the misapplication.
◦ A general partner who retires from the partnership by giving notice of his leaving to the other partners could still be found liable for debt pursuant to a contract made when he was a partner.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Alainaaa8 on Aug 7, 2021

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
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.
Answer Preview
Only 39% of students answer this correctly




Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Aug 7, 2021
:D TYSM


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library