In Many Public Meetings,John Has Proclaimed Himself to Be an Equal

question 27

Multiple Choice

In many public meetings,John has proclaimed himself to be an equal partner of Chan's partnership business.Chan's business ran into financial difficulties.John and Chan approached a creditor to obtain loan.The creditor gave the loan based on a false presumption that John was a partner in the business too.Can John be made liable for the loan?

• A) Yes,because John is a close acquaintance of Chan;thus it is his ethical duty to help Chan during her financial trouble.
• B) Yes,because John is a purported partner;public representations of his partner status make him personally liable for the debt.
• C) No,because he is not legally a partner;the creditor should have checked the partnership agreement before advancing the loan.
• D) No,because John did not participate in the business;he was thus not a member of the partnership business.

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Definitions:

Internal Borderlands

Refers to areas within a country that lie at the margins of cultural, political, or economic influence, often characterized by diverse or contested identities.

Virtuous Citizenry

A concept emphasizing the importance of citizens possessing moral and ethical qualities, such as honesty and responsibility, for the betterment of society.

Republic

Representative political system in which citizens govern themselves by electing representatives, or legislators, to make key decisions on the citizens’ behalf.

Liberty and Freedom

Fundamental principles representing the right of individuals to live their lives without oppressive restrictions imposed by authority.