Question: 2 points Save Abe and Bin form a general partnership. Bill commits negligence in the course of the partnership business and the partnership is sued.
2 points Save Abe and Bin form a general partnership. Bill commits negligence in the course of the partnership business and the partnership is sued. The jury awards $100,000 to be paid by the partnership. Bill has no assets or money. Abe just inherited one million dollars from his grandmother. The partnership's bank account is virtually empty and has no assets. Who must par the $100.0007 On The judgment will attach to Bal given that only Bar's behavior resulted in the lawsuit. Once Bil has assets, he must pay $50,000 and Abe must pay $50,000. b. Abe and Bil are jointly and severally liable. Given that the partnership has no assets, Abo must pay the entire amount, then se Bill for Bar's half ($50,000) owed c. The judgment will attach to Bill given that only Bills behavior resulted in the lawsuit. Once Bill has assets, he must pay the full judgment. d. Neither Bil nor Abe owen the money. The partnership will have a le placed against its future earnings. This plaintiff must wait for payment A Moving to another question will save this response Quention 2 of 50 5 3 6 8 7. T T Y U
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