Multiple Choice
If a partner of an LLP is not liable to a creditor that the remaining partners are liable to,then he:
A) must contribute the shortfall.
B) must contribute based on his interest in the partnership.
C) cannot be forced to pay the debt.
D) must split the amount between the other partners and himself.
Correct Answer:
Verified
Correct Answer:
Verified
Q80: Hagus was a partner at Ace-Star General
Q81: Amos,Beverly,Carlos,and Dan were partners in a partnership
Q82: Dissociation is the term for adding new
Q83: Which of the following is true about
Q84: In Urbain v.Beierling,the case in the text,why
Q85: Which of the following causes dissociation?<br>A)A partner's
Q86: Anthony,a partner of a partnership firm,was convicted
Q87: Mark is a partner in Harbin Associates,a
Q88: Which of the following is true about
Q90: The RUPA makes a dissociated partner liable