Answer the following: a. What is the liability of the partnership for contracts regarding partnership business? b. Under the RUPA, what is the liability of the partnership for torts committed while a partner is acting in the ordinary course of partnership business? How does this compare to the liability of a principal under respondeat superior? Explain


a. Under the UPA, partners are jointly liable on all partnership debts and contracts. Under the RUPA, partners are jointly and severally liable for all contract obligations of the partnership.
b. The RUPA provides that a partnership is liable for the loss or injury any partner causes by any wrongful act or omission, or other actionable conduct, while acting within the ordinary course of the partnership business or with the authority of the partnership. This corresponds with respondeat superior in that the partnership, like any employer, may be liable for an unauthorized tort committed by its employee if the employee committed the tort in the scope of employment.

Business

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Indicate whether the statement is true or false

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