Question: Amy and Lester are partners in operating a store. Without consulting Amy, Lester enters into a contract to purchase $13,000 of merchandise for the store.
Amy and Lester are partners in operating a store. Without consulting Amy, Lester enters into a contract to purchase $13,000 of merchandise for the store. Amy says she did not authorize the order and that she could have purchased the same merchandise for $10,000. Amy refuses to pay for the order. The vendor sues the partners. a. Must the partnership pay for the merchandise? If yes, how much? b. Assuming the partnership is a general partnership, can Amy's personal assets be taken to pay for the merchandise? Complete this question by entering your answers in the tabs below. Required A Required B Must the partnership pay for the merchandise? If yes, how much? Partnership pay for the merchandise Rece Required 8 >
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