Three doctors were in a limited liability partnership with Dr. S. Kay Bell. The practices offices were

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Three doctors were in a limited liability partnership with Dr. S. Kay Bell. The practice’s offices were in Dallas, Texas. During a minor plastic surgery, one of Dr. Bell’s partners severed an artery of a patient, and the patient died. The family brought suit and recovered more than $4 million dollars. The financial resources of the negligent surgeon are financially exhausted after paying nearly $1.5 million dollars of the recovery. The partnership’s liability policy has covered all but $1 million of the rest. Now the other doctors want to take out a loan in the partnership’s name to cover the remaining million. Dr. Bell has come to you for advice as to whether or not she should go along with the idea. How would you advise her? Why?

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