Kendra and Amelia Operate an Art Gallery,owned as a Partnership

question 58

Multiple Choice

Kendra and Amelia operate an art gallery,owned as a partnership.Kendra disappeared.A few days later,Amelia learned that Kendra embezzled $75,000 of government grant money through the company.Is Amelia responsible for the $75,000?

• A)Yes,because Amelia and Kendra are partners.
• B)Yes,but only if Amelia was aware of the embezzlement.
• C)No,because the embezzlement was done by Kendra.
• D)Yes,but only to the extent of Amelia's investment into the partnership.
• E)No,because partners are not responsible for the wrongful acts of other partners.

---

Definitions:

World Intellectual Property Organization

An international agency dedicated to protecting intellectual property rights, facilitating creative activity, and ensuring that inventors and artists can receive recognition and financial benefit from their work.

International Treaties

Agreements under international law entered into by countries in written form and governed by international law.

Protection

Measures or actions taken to guard against loss, damage, or injury in various contexts.

Trademark Infringement

The unauthorized use of a trademark or service mark on or in connection with goods and/or services in a manner that is likely to cause confusion, deception, or mistake about the source of the goods and/or services.