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Kate Is a Partner of a Limited Liability Partnership (LLP)that

Question 37

Multiple Choice

Kate is a partner of a limited liability partnership (LLP) that provides accounting services.Acting within her authority,Allie,who is one of Kate's subordinates,negligently provides accounting services to a client.The client sues the LLP and its partners.Which of the following is incorrect?


A) The LLP is liable to the client.
B) Allie is liable to the client,and the judgment may be satisfied out of her personal assets.
C) Kate is not personally liable for Allie's negligence.
D) Kate is personally liable to the client,and the judgment may be satisfied out of her partner's personal assets.

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