Carlita Retires from Mortex Associates,a Partnership

question 14

Multiple Choice

Carlita retires from Mortex Associates,a partnership.The business is continued by the remaining partners.What is Carlita's liability on debts incurred while she was a partner?

• A)Carlita has liability to the extent of her capital contribution.
• B)Carlita is fully liable.
• C)Carlita has no liability.
• D)Carlita has liability to the extent of partnership assets at the time of dissociation.

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Definitions:

Inhibitory Action Potentials

Electrical signals in neurons that decrease the likelihood of the neuron firing, thus reducing neuronal activity.

Sacral Region

The area of the body related to the sacrum, a triangular bone at the base of the spine formed by the fusion of five sacral vertebrae.

Myogenic Mechanism

A physiological mechanism by which blood vessels automatically adjust their resistance to maintain constant blood flow despite changes in arterial blood pressure.

Afferent Arterioles

Small blood vessels that carry blood toward the nephrons in the kidneys, regulating blood pressure and filtration.