Juan, a partner in the Bell Partnership, in violation of a specific term in the partnership agreement restricting the extension of credit of more than $5,000 without the written consent of all the partners, extends credit of $6,500 to Brittany. Juan has violated the duty of:
A) obedience, and he can be held personally liable to his partners for any unpaid portion of the $6,500.
B) obedience, but he cannot be held personally liable for the unpaid portion of the debt.
C) care because he owed the partnership a duty to act in good faith.
D) loyalty, and he is therefore personally liable to the partnership for $6,500.
A
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Sources listed in sections called References, Works Cited, and Bibliography all use the same format
Indicate whether the statement is true or false
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What will be an ideal response?