Sharon and Martha Are General Partners of the SM General

Multiple Choice

Sharon and Martha are general partners of the SM general partnership.Sharon,acting with authority,negotiated and signed for a $500,000 loan to SM from a bank.SM has not repaid this loan.The bank can recover its loan from:

A) Sharon only.
B) SM and Sharon;they are jointly liable only.
C) SM,Sharon,and Martha;they are jointly liable only.
D) SM,Sharon,and Martha;they are jointly and severally liable.