Which of the Following Is True of Tort Liability of a General

question 68

Multiple Choice

Which of the following is true of tort liability of a general partnership?

• A)Only the partner who committed the tort is liable.
• B)Partners who have not committed the tort but had to pay liability cannot indemnify from the partner that committed the torn.
• C)A partner can be sued even if he or she did not participate in the commission of the tort.
• D)If one of the partners in the partnership is released, the other partners are discharged of liability.

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Definitions:

Product B

A general term used to refer to a second product or an alternative in a list or comparison of goods.

Income

The financial gain or revenue received by an individual or entity in exchange for providing labor or through investments.

Research and Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.