You do not trust your partners and are concerned about liabilities you may incur if you continue to associate with them in business.To ensure that you are safe from any future liability toward third parties that did business with the partnership while you were a partner,you should
A) retire and place a legal notice in the official provincial government publication.
B) sell your partnership interest to someone else.
C) get your partners to sign an acknowledgement that you will not be responsible towards third parties that have a claim against the partnership
D) retire and send a notice to all third parties who did business with the partnership.
E) none of the above
Correct Answer:
Verified
Q3: Which of the following is TRUE about
Q4: John and George have been talking about
Q5: Chico and Amos decide to be partners
Q6: Tamara,Avery and Loewen have carried on business
Q7: Which of the following is NOT true
Q9: Carter,a partner in a financial planning firm,solicited
Q10: A partnership is treated as a separate
Q11: Albert and Edward have just become lawyers
Q12: The greatest risk of liability to which
Q13: A partnership agreement
A)must be in writing to
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