A partner is responsible for (liable for) his/her own actions and also for actions taken by another partner on behalf of the partnership.

Question

Quizplus · Accepted Answer

This statement is true. A partner is personally liable for their own actions as well as any actions taken by another partner on behalf of the partnership. This means that if one partner makes a mistake or commits a wrongful act, all partners are liable for the consequences.

A Partner Is Responsible for (Liable For) His/her Own Actions