When a partner makes an honest mistake (and does not commit negligence) while working on behalf...
When a partner makes an honest mistake (and does not commit negligence) while working on behalf of the partnership.
a. Both the partner and the partnership are excused from liability.
b. The other partners are equally liable.
c. The partner who made the mistake is liable if third parties are involved.
d. The entire firm is liable if third parties are involved.
Homework Answers
The correct answer is:-
c. The partner who made the mistake is liable if third parties are involved.
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When a partner makes an honest mistake (and does not commit
negligence) while working on behalf...
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