Which of the Following Statements Is TRUE with Respect to the Risk

Multiple Choice

Which of the following statements is TRUE with respect to the risk of liability under a partnership?

A) Because of their special position within partnerships, managing partners cannot be held liable for torts and breaches of contract that are committed by other partners.
B) A partner cannot be held liable for torts and breaches of contract that another partner committed while acting in an unauthorized way.
C) A person may be held liable as a partner, as long as the reasonable person would believe that that person was a partner in the partnership.
D) Under a limited liability partnership, a partner may avoid liability if another partner commits a tort of negligence.
E) None of the above.