Kayla and Marshall formed a partnership.Marshall incurred a debt in the ordinary course of the partnership business.If the debt is not paid,the creditor may sue

Question

Quizplus · Accepted Answer

In a partnership, each partner is individually liable for partnership debts, but the creditor may also sue the partnership itself. This means that the creditor can sue either Marshall individually, the partnership as a separate entity, or both Marshall and the partnership together. There is no obligation for the creditor to sue both at the same time, and they may choose to pursue separate lawsuits or any combination of lawsuits to collect the debt. Option D is incorrect as the creditor is not required to sue both Marshall and the partnership together.

Kayla and Marshall Formed a Partnership