Peter, Paul, and Mary are best friends.A few years ago, they purchased a beach vacation home together.The deed for the home lists Peter, Paul, and Mary as the owners.The three friends struck the following bargain--although they never put anything in writing:

They each get to use the vacation home three months a year.

During the other three months they rent the vacation home to third parties, charging them $1,000 a week.Peter, Paul, and Mary divide the profits from renting the vacation home.

They agreed to make all decisions about the vacation home collectively.

Suppose that Bill rents the vacation home for one week and injures himself while diving into the home's swimming pool.Bill sues Peter, Paul, and Mary and is awarded a $5 million judgment

"Peter, Paul, and Mary are liable as general partners."Do you agree? Disagree?