'Mutual Liability' in Relation to a Partnership Means That

question 29

Multiple Choice

'Mutual liability' in relation to a partnership means that:

• A)Each partner is responsible for their own actions, and is not liable for the actions of the other partners.
• B)Each partner is personally liable for the whole of the debts of the partnership.
• C)Each partner is both the principal and the agent of the other partners, and as such is liable for the actions of the other partners.
• D)Each partner is jointly and severally liable with the other partners for the debts of the partnership.

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Definitions:

Vestibule

An entrance hall or other open area in a building used by the public, particularly the entrance hall in an anatomy context, such as the vestibule of the ear.

Uterus

A major female reproductive organ of most mammals, including humans, responsible for housing and nurturing the embryo/fetus during pregnancy.

Menstruation

A monthly process in which the lining of the uterus is shed through the vagina if fertilization has not occurred.

Almond-shaped

Refers to something that resembles the shape of an almond, often used to describe certain body parts, like the amygdala in the brain.