Randy, Mona, and Richard are partners. Under the UPA, a creditor of their partnership must name all three partners as defendants in a suit on a contract obligation of the partnership.

Question

Quizplus · Accepted Answer

Under the UPA, all partners in a partnership are jointly and severally liable for the debts and obligations of the partnership. Therefore, if a creditor wants to sue the partnership for a contractual obligation, all partners must be named as defendants in the suit.

Randy, Mona, and Richard Are Partners