Maury Slater and Harry Katz operate a clothing store as a partnership. They agree that they will not order over $10,000 without having both signatures on the order
Maury is on vacation when Harry orders $20,000 worth of shirts and $5,000 worth of CDs. Maury objects to both purchases and wants to return the goods. The suppliers sue Maury and Harry. What are the partnership's obligations?
A) The partnership is responsible to pay the shirt supplier only.
B) The partnership is responsible to pay the CD supplier only
C) The partnership is responsible to pay both suppliers
D) The partnership is responsible to pay neither supplier.
E) Only Harry is responsible, and to both suppliers.
A
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