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QUESTION 1 Alice and Bob are minor children who, together, decide to open a lemonade stand outside of Alice's home one summer morning Alice brings
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Alice and Bob are minor children who, together, decide to open a lemonade stand outside of Alice's home one summer morning Alice brings lemons and water while Bob supplies sugar and paper cups. They decide to charge $ for each cup of lemonade. Unbeknownst to either Alice or Bob, the lemons are contaminated with E Coli. Carl purchases lemonade from Alice and Bob. Soon after, Carl becomes ill. Medical staff at the local hospital determine Carl became sick from drinking the lemonade.
Carl plans to sue Alice and Bob's legal guardians. What is the scope of liability Alice and Bob have with respect to Carl's anticipated lawsuit?
A Alice and Bob will be jointly liable for the value of the business
B Alice and Bob will be separately liable for the value of the business
C Alice and Bob will be jointly and severally liable for the value of the business.
D Alice and Bob will be jointly and severally liable for the value of the business and personally liable
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