In a Partnership, Debts Accumulated by One Partner

question 268

Multiple Choice

In a partnership, debts accumulated by one partner

• A) are the responsibility of that partner only.
• B) are the responsibility of the other partners as well.
• C) are the responsibility of all the employees of the partnership, regardless of whether those employees are partners.
• D) are the responsibility of the other partners only up to the amount each partner initially invested in the partnership.