Sam and Sarah Have Created a Partnership for the Purposes

Multiple Choice

Sam and Sarah have created a partnership for the purposes of giving financial advice.The partnership required certain property in order to operate in an effective and profitable way.First, a building was purchased with money earned by the partnership.Second, Sam donated a car, which he had purchased before entering into the partnership, to the partnership.And third, Sarah purchased office equipment with money that she had before she entered into the partnership.Two years after the partnership had started operations, it was successfully sued by a disgruntled customer.The assets that are available to satisfy that judgment include

A) the building, but not the car or the office equipment.
B) the building and the office equipment, but not the car.
C) assets personally belonging to Sarah, but not assets personally belonging to Sam, if the actions that led to the judgment were committed by Sarah in the course of the partnership business.
D) partnership assets as well as personal assets that belong to either Sam or Sarah.
E) partnership assets but not personal assets that belong to either Sam or Sarah.