Joe and Tom form a general partnership. If Joe commits a tort while acting on behalf of

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Joe and Tom form a general partnership. If Joe commits a tort while acting on behalf of the business and the liability exceeds the partnership assets, Joe and Tom will assume the liability equally. This is known as:

a. Respondeat superior.

b. Waiver of liability.

c. Joint-and-several liability.

d. An ultra vires act.

e. None of the above.

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Related Book For  answer-question

Business Law And Strategy

ISBN: 9780077614683

1st Edition

Authors: Sean Melvin, David Orozco, F E Guerra Pujol

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