Fact Pattern 27-3 ​Bryn, Cornell, and Duke Are General Partners in Equity Lending

question 31

Multiple Choice

Fact Pattern 27-3
​Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreement states that it is a breach of the agreement for any partner to assign his or her interest to a creditor without the consent of the other partners.
-Refer to Fact Pattern 27-3. Bryn, Cornell, and Duke decide to admit Giselle as a new partner in Equity Lending. Giselle's liability for partnership debts incurred before her admission is​

• A) ​limited to her capital contribution to the firm.
• B) limited to her personal assets.
• C) ​nothing.
• D) ​unlimited.

Recognize the role of computers in networking and communication.

Understand the benefits and considerations in upgrading computer systems.

Know the basic concepts of data storage and the importance of disaster recovery plans in computing.

Understand key security measures to protect computer systems.