The RUPA provides that partners are ____ liable on all contract obligations of the partnership.
A) jointly and severally
B) strictly
C) not
D) partially

Question

Quizplus · Accepted Answer

According to the RUPA (Revised Uniform Partnership Act), partners are jointly and severally liable on all contract obligations of the partnership. This means that each partner is individually responsible for the entire amount of the obligation.

The RUPA Provides That Partners Are ____ Liable on All