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Which of the Following Statements Is True If a Partner

Question 35

Multiple Choice

Which of the following statements is true if a partner commits a tort within the scope of his or her partnership duties?


A) All partners are liable in accordance with the percentage of their capital contributions.
B) All partners have common liability.
C) All partners are liable in accordance with the percentages used for the allocation of profits.
D) All partners are liable in accordance with the percentages used for the allocation of losses.
E) All partners have joint and several liability.

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