You Do Not Trust Your Partners and Are Concerned About

Multiple Choice

You do not trust your partners and are concerned about liabilities you may incur if you continue to associate with them in business. To ensure that you are safe from any future liability toward third parties that did business with the partnership while you were a partner, you should:

A) sell your partnership interest to someone else.
B) get your partners to sign an acknowledgement that you will not be responsible towards third parties that have a claim against the partnership
C) retire and send a notice to all third parties who did business with the partnership
D) retire and place a legal notice in the official provincial government publication
E) none of the above will protect you