Paul is driving a truck delivering goods for his partnership when he negligently backs into a customer's new car. The customer sues the partnership and recovers $11,000 in damages. What liability do the other partners have for Paul's actions?

Question

Quizplus · Accepted Answer

In a partnership, all partners are jointly and severally liable for actions taken by any one partner while conducting business activities for the partnership. This means each partner can be held responsible for the full amount of the damages, not just a portion based on their capital contribution or individually without the others.

Paul Is Driving a Truck Delivering Goods for His Partnership