Fred is a CA and a partner in the accounting firm Jones, Black, Adams LLP. He was recently successfully sued for negligence in the preparation of a client's tax return. As a result

		Fred's personal assets and the accounting firm's assets can be taken to pay the claim
		Fred, the accounting firm and the CA association are all liable for these loses
		only Fred's personal assets can be taken to pay this claim
		only the assets of the accounting firm and be taken to pay this claim
		the assets of the accounting firm and all the partners personal assets can be taken to pay the claim