A partner:
A) cannot be held criminally liable for the crimes of his partners.
B) has joint and several liability with his partners for contracts entered and for torts and crimes committed by other partners.
C) may be criminally liable for the crimes of his partners if he authorized the acts.
D) who commits a tort is liable to the third party only through the partnership entity.
C
You might also like to view...
When a company acquires consumer-panel data from firms like A.C. Nielsen Company and Information Resources Inc., which of the following steps to improve the quality of a company marketing intelligence system is the company resorting to?
A) training and motivating the sales force to spot and report new developments B) motivating distributors, retailers, and other intermediaries to pass along important intelligence C) hiring external experts to collect intelligence D) using external network E) purchasing information from outside research firms and vendors
________ tends to occur once and often has poorly defined objectives, and therefore members are not as committed.
A. Classic terrorism B. Religiously-motivated terrorism C. Amateur terrorism D. Political terrorism
The destruction of property by a tenant is called:
a. abuse b. domain c. waste d. seizin e. none of the other choices
Markson Company had the following results of operations for the past year: Sales (8,000 units at $20) $160,000 Variable manufacturing costs$86,000 Fixed manufacturing costs 15,000 Variable administrative expenses 12,000 Fixed selling and administrative expenses 20,000 (133,000) Operating income $27,000 A foreign company offers to buy 2,000 units at $14 per unit. In addition to variable manufacturing and administrative costs, selling these units would increase fixed overhead by $1,600 for the purchase of special tools. Markson's annual productive capacity is 12,000 units. If Markson accepts this additional business, its profits will:
A. Increase by $3,500. B. Decrease by $5,650. C. Decrease by $5,100. D. Decrease by $1,600. E. Increase by $1,900.