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

question 10

True/False

Rosella, a general partner of Jones 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:

Cellular Tolerance

Cellular tolerance is a physiological adaptation where increased exposure to a substance, like a drug, leads to a decrease in the substance's effect on cells or tissues.

Intoxicated

The condition of having physical and mental faculties impaired by an excess of alcoholic drink or any substance, leading to altered mood, behavior, and coordination.

Psychoactive Drugs

Substances that alter perception, mood, consciousness, or behavior by affecting the brain's chemistry.

Synapse

Spatial junction between one neuron and another; forms the information transfer site between neurons.