Over the next three weeks, Harvey and Mike do everything they can to impress the producers of Suits. Mike even buys an expensive new car using the partnership bank account and has the name "Harvey and Mike'sGeneral Partnership" painted on the car. Unfortunately, Mike ends up severely wounding a pedestrian while driving his new car to a partnership meeting. The pedestrian sues the partnership for over $100,000 in damages.

According to RUPA 305, which below statement is correct?

Select one:

The Partnership is not liable because it happened in the ordinary course of its business.

b.

The Partnership is liable assuming the accident occurred during the ordinary course of its business.

c.

The Partnership is not liable because Mike bought the car and was driving it.

d.

Mike is liable because he was driving the car during ordinary course of business.

According to RUPA 203, the automobile belongs to which of the following:

Select one:

a.

Mike

b.

Harvey

c.

Mike and Harvey.

d.

The Partnership

One of the major differences between the UPA and the RUPA is?

Select one:

a.

UPA views the partnership as an aggregate of individuals and the RUPA view the partnership as an entity.

b.

UPA views the partnership as an entity and the RUPA views the partnership as an aggregate of individuals.

c.

There is no difference.

d.

Both the UPA and RUPA view a partnership as an entity.

If Mike files bankruptcy what provision of the RUPA will govern its impact on the partnership?

Select one:

a.

RUPA 801

b.

RUPA 602

c.

RUPA 601

d.

RUPA 631