Paul is driving a truck delivering goods for his partnership when he negligently backs into a customer's new car. The customer sues the partnership and recovers $11,000 in damages. What liability do the other partners have for Paul's actions?
a. No liability.
b. Liability based on their capital contributions.
c. Individual liability but not joint liability.
d. Joint and several liability.
d
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If A and B are independent events with P(A) = 0.05 and P(B) = 0.65, then P(A?B) =
A. 0.05. B. 0.0325. C. 0.65. D. 0.8.
A wholesaler is a merchandiser who buys merchandise from a manufacturer and sells the same to a retailer
Indicate whether the statement is true or false
Dita takes out a student loan from Everloan Bank. When she fails to make the scheduled payments for six months, Everloan advises her of further action that it will take. This violates
A. no federal law. B. the Fair and Accurate Credit Transactions Act. C. the Fair Debt Collection Practices Act. D. the Truth-in-Lending Act.
Which of the following will have the least average life variability: (i) the collateral,
(ii) the PAC bond, or (iii) the support bond? Why? What will be an ideal response?