Which of the following statements regarding joint and several liability (JSL) of partners is true?
A) A plaintiff has only one right to sue a partner or the partnership.
B) Partners have JSL for all debts of their partners even if the debts are not related to the usual business of the partnership.
C) If a partner has been convicted of a serious crime,the other partners are likely to be found guilty of the same offence.
D) Partners have JSL for torts committed by one or more of their partners.
E) All of the above.
Correct Answer:
Verified
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