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QUESTION 25 2 points Save Answer Garrett, Jared and Andrew are all partners in a law firm. Andrew commits malpractice and the client commences a
QUESTION 25 2 points Save Answer Garrett, Jared and Andrew are all partners in a law firm. Andrew commits malpractice and the client commences a lawsuit against the firm and against the three partners. Who may be liable to the client? O a. only Andrew will be liable O b. only the law firm will be liable OC. Garrett, Jared, Andrew and the law firm may be liable d. Andrew and the law firm only will be liable QUESTION 26 2 points Save Answer Amy is a salesperson for ABC Company. Although ABC never expressly authorized her to collect payments (cash and checks) from the customers, she routinely does so for some of her long standing customers and submits them to ABC, who accepted payment without issue. One day. Amy collects cash from one of her customers and runs off. The customer sues Amy and ABC Company. Who will be liable to the customer for the payment a. Both Amy and ABC. O b. ABC only. OC. Amy only d. Neither Amy nor ABC. QUESTION 27 points Save Answer Dana and Khaya are partners in a partnership. When they began their business they each contributed $5,000 as a capital contribution. A year later. Dana loaned $2,500 to the partnership when they wanted to buy a new computer system. The partnership later dissolves. After paying their creditors there is still $7,500 remaining. Khaya claims that she should be repaid her share of the capital contribution before repaying Dana the loan. Dana claims that she should be repaid her $2,500 loan before capital contributions are split. Who is correct. O a. Khaya b. The partners are never entitled to be repaid their capital contributions or loans c. They should have repaid themselves their capital contributions before paying their creditors O d. Dana
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