Rosella, a General Partner of Jones and Thorne,  Extends Credit

True/False

Rosella, a general partner of Jones and Thorne,  extends credit of $2,000 to a friend.This is  in violation of a specific agreement not to extend credit over $1,000 without the other partners' approval.Rosella will be held personally liable to the partners for any unpaid debt since she violated the duty of obedience.