The RUPA Provides That Partners Are ____ Liable on All

question 26

Multiple Choice

The RUPA provides that partners are ____ liable on all contract obligations of the partnership.

• A) jointly and severally
• B) strictly
• C) not
• D) partially

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Definitions:

Familiarity Breeds

A phrase that highlights how extensive knowledge or close association with something or someone can lead to a loss of respect or interest, commonly referred to as "familiarity breeds contempt."

Liking

A positive emotional response or preference for someone or something.

Charles Darwin

A British naturalist renowned for his theory of evolution and the process of natural selection.

Leon Festinger

A psychologist known for his theory of cognitive dissonance, which suggests that people experience discomfort when they hold contradictory beliefs, leading them to change their attitudes or behaviors.