A partnership adds Ted as a partner to manage their clients' accounts, even after discovering he is a convict on parole for theft. After working for one week. Ted quits and cannot be located. The partners discover that Ted stole $5,000 of their clients' money. Which of the following is true regarding the partners' liability? Multiple Choice The partners are not liable. O The partners are liable because they authorized the commission of the criminal act. O The partners are liable because they knew of Ted's criminal tendencies yet placed him in a position where he may commit a crime. The partners are liable because they participated in the criminal act. Graw