Multiple Choice
Suppose you form a legal partnership with your best friend,and she purchases consulting services calling for a $100,000 fee.Your business is broke,and you never wanted the consultants to work for you-only your partner did.For how much of this debt are you legally liable?
A) $25,000
B) All of the $100,000
C) The proportion reflected by the proportion of the business owned
D) Only an amount equal to the assets of the business
E) $50,000
Correct Answer:
Verified
Correct Answer:
Verified
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