Partners are jointly and severally liable for the torts and/or breaches of trust of the partnership.

Question

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This means that each partner is individually responsible for the full amount of any damages caused by the partnership's torts or breaches of trust, regardless of each partner's specific involvement in the wrongdoing. This is an important aspect of partnerships to consider when entering into such a business arrangement.

Partners Are Jointly and Severally Liable for the Torts And/or