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Carmine Owed Geoffrey Two Million Dollars Due to a Judgment

Question 85

Multiple Choice

Carmine owed Geoffrey two million dollars due to a judgment in a negligence lawsuit.When Geoffrey was unable to pay the judgment,Carmine sought to have the debt paid through G&J Antiques,a firm in which Geoffrey was a partner.Which of the following statements is true regarding what Carmine can recover?


A) Carmine can satisfy the judgment through Geoffrey's G&J profits by obtaining a charging order.
B) Carmine can satisfy the judgment through Geoffrey's profits,a sale of G&J's assets,or a sale of G&J's inventory.
C) Carmine can satisfy the judgment through Geoffrey's profits or a sale of G&J's inventory,but not through a sale of G&J's assets.
D) Carmine can satisfy the judgment through Geoffrey's profits or a sale of G&J's assets,but not through a sale of G&J's inventory.
E) Carmine cannot recover from G&J.

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