Assume that T wants her portrait painted and is approached by A who signs a contract...

Transcribed Image Text:

Assume that T wants her portrait painted and is approached by A who signs a contract with T to paint T's portrait for $10 000. Subsequently, T is contacted by P, who states that A is an employee of his whom he employs to find clients whose portraits he (P) can paint. In these circumstances A. None of the following statements are true. O B. There is no contract. . There is a contract between T and P, T can choose whether P or A should paint the portrait and must pay P. O D. There is a contract between T and A, and so A must paint T's portrait and T must pay A. E. There is a contract between T and P, so P must paint T's portrait and T must pay P. The following people are not personally liable for the debts of a business: O A. Shareholders in a limited company. B. Partners O c. Sole proprietors O D. Partners and sole proprietors E. None of the above Assume that T wants her portrait painted and is approached by A who signs a contract with T to paint T's portrait for $10 000. Subsequently, T is contacted by P, who states that A is an employee of his whom he employs to find clients whose portraits he (P) can paint. In these circumstances A. None of the following statements are true. O B. There is no contract. . There is a contract between T and P, T can choose whether P or A should paint the portrait and must pay P. O D. There is a contract between T and A, and so A must paint T's portrait and T must pay A. E. There is a contract between T and P, so P must paint T's portrait and T must pay P. The following people are not personally liable for the debts of a business: O A. Shareholders in a limited company. B. Partners O c. Sole proprietors O D. Partners and sole proprietors E. None of the above