Tundi Is a Partner in YooHoo! Amusement,a New Partnership

question 40

Multiple Choice

Tundi is a partner in YooHoo! Amusement,a new partnership.A YooHoo! debt comes due.Tundi is

• A)not liable for the debt.
• B)only liable for the debt up to the amount of his capital contribution.
• C)personally liable only to the extent the other partners do not pay.
• D)personally liable to the full extent of the debt.

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Definitions:

Genuine Case

A situation or instance that is authentic and not fabricated or false.

Fraud

Deliberate deception for personal or financial gain.

Twin Studies

Research that compares the similarity between monozygotic (identical) and dizygotic (fraternal) twins to understand genetic and environmental influences.

Fraudulent Results

Deliberately manipulated data or findings presented as genuine in research or reports.