Holly holds herself out as the managing partner of Interstate Investments (Interstate), a partnership, even though she has no connection to the firm, and obtains a loan based on this misrepresentation. Holly's default on the loan results in

a. Holly and Interstate's joint liability for the amount of the loan.

b. Holly's sole liability for the amount of the loan.

c. Interstate's sole liability for the amount of the loan.

d. neither Holly's nor Interstate's liability for the amount of the loan.