Brady is the sole general partner in ABC Limited,a limited partnership.There are five limited partners.One day,Brady went to the grocery store to purchase groceries for himself.He forgot his personal checkbook.However,he had the partnership's checkbook.Unable to otherwise pay for the groceries,he wrote a check from the partnership account,thinking that he "owned" part of the money in the account anyway.Discuss.

Question

Quizplus · Accepted Answer

The Answer of Brady is the sole general partner in ABC Limited,a limited partnership.There are five limited partners.One day,Brady went to the grocery store to purchase groceries for himself.He forgot his personal checkbook.However,he had the partnership's checkbook.Unable to otherwise pay for the groceries,he wrote a check from the partnership account,thinking that he "owned" part of the money in the account anyway.Discuss.

Brady Is the Sole General Partner in ABC Limited,a Limited