Respondeat superior has no application to situations where a partner commits a tort, because only the partner, and not the partnership, is liable
Indicate whether the statement is true or false
False
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What are the grounds for trying a case in a federal court?
a. State crimes and diversity of citizenship b. Only diversity of citizenship cases involving $50,000 or more c. Federal issues and diversity of citizenship d. Bankruptcy and state crimes
Classroom education often includes all of the following except:
a. case studies b. role playing c. simulations d. multimethod feedback
If a subquery's result must be compared with a group function, you must nest the inner query in the ____________________ clause of the outer query
Fill in the blank(s) with correct word
Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is $120,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $115,000 in the partnership. The balances in Mace's and Bowen's capital accounts after admission of the new partner equal:
A. Mace $135,000; Bowen $120,000. B. Mace $139,000; Bowen $120,000. C. Mace $133,000; Bowen $118,000. D. Mace $137,000; Bowen $122,000. E. Mace $135,000; Bowen $124,000.