Max, Mark, and Mary were young Chartered Professional Accountants (CPAs) who just opened their accoutning practice and thought it would be best if they formed a limited liability partnership (LLP) which was properly registered. Max and Mark had no personal assets, but Mary was known to be wealthy.

Max gave bad legal advice to one of his clients and the client successfully sued Max for negligence and damages were calculated to be $20,000. The client knew Max had no personal assets but was confident that, because they were partners, Mark and Mary would have to pay for the $20,000 damages. Is the client correct? Why/Why not?