In Mortgage Grader,Inc.v.Ward & Olivo,L.L.P. ,the case in the text,the court held that:
A)when one partner commits malpractice,the other partners in the LLP can be held jointly and severally liable for the malpractice.
B)when one partner commits malpractice,the other partners in the LLP cannot be held vicariously liable for the malpractice.
C)when one partner commits malpractice,the other partners in the LLP cannot be held jointly and severally liable for the malpractice.
D)when one partner commits malpractice,the other partners in the LLP can be held vicariously liable for the malpractice.

Question

Quizplus · Accepted Answer

The court held that under New Jersey LLP law,when one partner in an LLP commits malpractice,other partners in the LLP cannot be held vicariously liable for such alleged malpractice.While decided under New Jersey law,the decision would be the same under the RUPA.