Wilder and Joanne are carrying on a law firm business as a partnership under the name Wilder and Joanne Law Firm. Joanne has decided to leave. Which of the following strategies will guarantee that she does not become liable for any obligation of the firm arising after she moves on?
A) Joanne enters into an agreement with Wilder under which he promises to remove her name from the firm name, as well as all letterhead and other papers of the firm.
B) Joanne agrees to allow her name to be used in the firm name but obtains an indemnity from Wilder against any liabilities which arise as a result.
C) Joanne takes out an advertisement in a local newspaper announcing her retirement.
D) Joanne sends a letter to all of the clients she knows advising them of her retirement.
E) none of the above.
Correct Answer:
Verified
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