Which of the Following Is True If a Partner Commits

question 28

Multiple Choice

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

• A) All partners have common liability.
• B) All partners have joint and several 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 are liable in accordance with the percentage of their capital contributions.

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Definitions:

Retail Venue

A place or channel where retail transactions occur, including physical stores, online marketplaces, or pop-up shops.

Traditional Channel

A traditional channel in marketing refers to the conventional means of distributing products from producers to consumers, such as through retail stores or direct sales.

Department Stores

Large retail establishments that offer a wide variety of goods across different categories, such as clothing, household items, and electronics, under one roof.

Global Market Entry

The strategies and methods used by businesses to start selling products or services in international markets.