Trina and Uri do business as Value Gems.In acting on the firm's behalf in a deal with World Diamond Exchange,Trina recklessly exceeds what Value Gems can afford to pay,causing damage to the firm.Trina is
A) liable for breach of the duty of care.
B) liable for breach of the duty of economic sense.
C) liable for breach of the duty of loyalty.
D) not liable.
Correct Answer:
Verified
Q28: Ben,who runs a livestock breeding business,owes the
Q29: Genetic Innovations,LP,is a limited partnership.The partners sign
Q30: Fact Pattern 37-1B
Brad,Carlos,and Dora are general
Q31: Bret is a general partner in Capitol
Q32: Mead,Nero,and Olen do business as Pipe &
Q34: Cody is a partner in Derivative Investment
Q35: Tundi is a partner in YooHoo! Amusement,a
Q36: Dunn and Etta are limited partners in
Q37: Hollister and Gladys do business as partners
Q38: Denise and Elke do business as Final
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents