Multiple Choice
Salma and Debbie opened a restaurant in partnership. Two years later, Debbie left the restaurant, and Salma discovered that Debbie had incurred numerous expenses to their account. These expenses resulted in thousands of dollars' worth of debt for the restaurant. From the following, identify an accurate statement about this situation.
A) Salma doesn't have to worry because, according to law, everyone is responsible for his/her own debts.
B) Salma doesn't have to worry because business creditors will pursue Debbie alone since her signature authorized payments.
C) Business creditors will expect Salma to pay at least half the debt since she owns 50 percent of the business.
D) Business creditors will expect full payment from Salma.
Correct Answer:

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Correct Answer:
Verified
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