Question
Peggy and Pete have formed a general partnership with no express terms beyond an agreement to work together as co-owners, selling electric weight-reducing belts. It's
Peggy and Pete have formed a general partnership with no express terms beyond an agreement to work together as co-owners, selling electric weight-reducing belts. It's been a tough month. First, one belt exploded, resulting in a product liability judgment of $100,000. Then, Pete failed to pay a supplier, resulting in a breach of contract judgment of $200,000. Finally, Peggy inadvertently electrocuted a customer while demonstrating a belt, resulting in a negligence judgment of $300,000. What isPete'spotential liability?
Select one:
a.$0
b.$200,000
c.$300,000
d.$600,000
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