FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Under the theory(ies), a departing partner may be liable for a third party's extension of credit to the partnership after dissolution, if the creditor believed

image text in transcribed
Under the theory(ies), a departing partner may be liable for a third party's extension of credit to the partnership after dissolution, if the creditor believed in good faith that the departing partner was still a partner. (choose one answer) O novation O partnership by estoppel silent partner O breach of warranty and negligent misrepresentation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Gender And Finance

Gender And Finance

Authors: Ylva Baeckström

1st Edition

103205557X, 978-1032055572

More Books

Students also viewed these Finance questions

Question

★★★★★
The debits and credits for four related entries for a sale of $15,000, terms 1/10, n/30, are presented in the following T accounts. Describe each transaction. Cash Sales 13,860 14,850 Accounts...

Answered: 1 week ago

Question

★★★★★
Why do you think the copyright holders of Elviss work objected to Passports video series? How were they harmed by the production and sale of the videos?

Answered: 1 week ago

Question

★★★★★
An electronics circuit supplier buys microchips from a large manufacturer. Last year the company supplied 2,000 specialist D/35 chips to customers. The cost of placing an order is $50 and the annual...

Answered: 1 week ago

Question

★★★★★
Most experienced CEOs have seen command-and-control management come and go. They've been through downsizing and rightsizing. Now they're seeing most companies (their own included) working to recast...

Answered: 1 week ago

Question

★★★★★
University Bookshop had a net income in 2018 of Ohs 90,000. Given the following financial ratios from the annual report: Profit margin = 12% and Return on assets = 20% The amount of sales is: Dhs...

Answered: 1 week ago

Question

★★★★★
Both OSHA and state workers' compensation law provide specific obligations that employers have related to the health and safety of their employees. Consider the intentional tort exception in workers'...

Answered: 1 week ago

Question

★★★★★
The journal bearings are generally used in _ _ a ) Belts b ) Columns c ) Beams d ) Supports

Answered: 1 week ago

Question

★★★★★
Use Delimeter Scanner chopper chopper.useDelimiter("\\-") int sum = 0; new Scanner(" 1-2-3-4-55-122-o 11"); OUTPUT 187 while(chopper.hasNextInt)) sum += chopper.nextnt(); System.out.println( sum );...

Answered: 1 week ago

Question

★★★★★
find the volume of the solid whose base is the region bounded between the curve y = x ^ 2 - x - 3

Answered: 1 week ago

Question

★★★★★
What is an interface? What keyword is used to define one?

Answered: 1 week ago

Question

★★★★★
A particle moves along a straight line with an acceleration expressed by a = 8/(v+4) If at v=0 m/s, s = 6 m, determine the position of the particle when the velocity reaches 10 m/s.

Answered: 1 week ago

Question

★★★★★
Explain how an attention line and a subject line differ in (a) purpose and (b) placement. (Objective 2)

Answered: 1 week ago

Question

★★★★★
Respond to the following e-mail from a friend. Follow your instructors directions about whether to print your message or send it to him or her electronically. (Objective 1) I want to apply for a job...

Answered: 1 week ago

Question

★★★★★
Correct the following inside addresses and salutations: (Objectives 1 and 2) a. AmberQuest, Inc. 689 City Center Drive, Suite 206 Aurora, CO 80016-5320 Dear Ms. Kilichowsky b. Ambrose Britton,MD...

Answered: 1 week ago

Previous Question Next Question