Sam and James opened up an accounting business together. They shared office space and administrative staff. However, they had separate clients. If Sam cheats on his client, then James is not responsible.

Question

Quizplus · Accepted Answer

In a business partnership, both partners can be held liable for the actions of the other, especially if the business is perceived as a single entity by clients and the public, even if they have separate clients.

Sam and James Opened Up an Accounting Business Together