Rosella, a General Partner of Leafe and Thorne,  Extends Credit

question 26

True/False

Rosella, a general partner of Leafe and Thorne,  extends credit of $2,000 to a friend. This is  in violation of a specific agreement not to extend credit over $1,000 without the other partners' approval. Rosella will be held personally liable to the partners for any unpaid debt since she violated the duty of obedience.

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Definitions:

Rubber Load Cushion

A component made of rubber designed to absorb shock and reduce vibration in various applications, including the loading of goods.

Equalizing Beams

Used in suspension systems, especially in heavy vehicles, to distribute load evenly across multiple axles for improved stability and wear reduction.

Frame Brackets

Components used to attach various parts to the main frame of a vehicle, providing structural support.

Air Suspension System

A type of vehicle suspension powered by an electric or engine-driven air pump or compressor, which pumps air into flexible bellows, typically made from textile-reinforced rubber.