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    Essentials of Business Law and the Legal Environment Study Set 1
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    Exam 31: Operation and Dissolution of General Partnerships
  5. Question
    In a Partnership of A, B , and C, a Commits
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In a Partnership of A, B , and C, a Commits

Question 47

Question 47

True/False

In a partnership of A, B , and C, A commits fraud which creates a liability to the partnership of $9,000.If the three partners share profits and losses equally, A 's liability to the partnership for his fraudulent act is $3,000.

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