While Claiming Under ________, a Plaintiff Must Name the Partnership

question 47

Multiple Choice

While claiming under ________, a plaintiff must name the partnership and all of the partners as defendants in a lawsuit.

• A)multiple liability
• B)joint liability
• C)limited liability
• D)unlimited personal liability

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Definitions:

Economic Duress

A situation where an individual or company is forced into a contractual agreement under threats or pressure related to financial hardships.

Assault And Battery

A combination of an attempt or threat to harm someone (assault) followed by unauthorized physical contact or harm (battery).

Fraud In The Inducement

Fraud in the Inducement involves deceit or trickery to secure unfair or unlawful gain in a transaction, leading to an agreement being made under false pretenses.

False Representation

A misleading statement or action that deceives or is intended to deceive.