Question
Jill and Janice opened up an accounting business together. They shared office space, secretarial and bookkeeping services, and office equipment. They also owned the building
Jill and Janice opened up an accounting business together. They shared office space, secretarial and bookkeeping services, and office equipment. They also owned the building together. However, they retained their separate clients. If Jill commits fraud on her clients, is Janice liable?
a.) Yes, because fraud is a tort and the fraud took place as part of the business
b.) No, because Janice did not do anything improper
c.) No, because Janice did not know about Jill's bad acts
d.) No, because fraud is an intentional act
e.) Yes, because all partners are liable for any bad act any partner
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