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Assume the Uniform Partnership Act governs this scenario. Three surgeons conducted their medical practices through MEDICAL SERVICES, a general partnership they owned, with no written

Assume the Uniform Partnership Act governs this scenario. Three surgeons conducted their medical practices through MEDICAL SERVICES, a general partnership they owned, with no written partnership agreement. Medical Services obtained a $1.5 million "balloon note" from Enterprise Bank. A balloon note means the entire loan and principal are due on a specific due date. The loan was secured by personal guarantees of the three doctors, each for $500,000. The partners agreed in writing that they would all be "equally liable" for any debts of the partnership. One month before the due date one doctor was tragically killed in a car accident. The remaining two doctors formed a new partnership and established their new medical practice across town. When Medical Services failed to pay the loan of $1.5 million on the due date, Enterprise Bank moved to sue the two remaining doctors and won a judgment of $1.5 million plus interest. Enterprise claimed the judgment was against the doctors jointly and severally, but the two doctors contended they were each only liable for one-third of the outstanding balance. Under the UPA, what would be the most likely result?

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