Which of the Following Statements Is True If a Partner

question 35

Multiple Choice

Which of the following statements is true if a partner commits a tort within the scope of his or her partnership duties?

• A)All partners are liable in accordance with the percentage of their capital contributions.
• B)All partners have common liability.
• C)All partners are liable in accordance with the percentages used for the allocation of profits.
• D)All partners are liable in accordance with the percentages used for the allocation of losses.
• E)All partners have joint and several liability.

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Definitions:

Battering Relationships

Relationships characterized by physical or emotional abuse, where one partner exerts violent power or control over the other.

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a publication by the American Psychiatric Association that classifies mental disorders.

Mental Illnesses

A wide range of mental health conditions that affect mood, thinking, and behavior.

Revised

Updated or altered from its original form, often to include new information or corrections.