Jane and Ali are partners in a law firm. One of the firm's clients, Tran, became bankrupt

Question:

Jane and Ali are partners in a law firm. One of the firm's clients, Tran, became bankrupt recently. Just before Tran's bankruptcy, Ali helped Tran to fraudulently sell his house to his wife for $1 to ensure that it would not be taken by his creditors. She did this at a meeting in the law firm's offices when she advised Tran regarding how to transfer the house, prepared the necessary documents to give effect to the transaction, and then registered the transfer. Tran's creditors sued Ali and Jane for fraud. Assuming that Ali is liable for her involvement in the fraud, is Jane liable for the fraudulent acts of her partner Ali?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

Question Posted: