Question: Based on the statement under partnership law, a general partner is held liable for the business decisions and transactions--in the ordinary course of business--of his
Based on the statement under partnership law, a general partner is held liable for the business decisions and transactions--in the ordinary course of business--of his or her partners, analyze the following: I think that under partnership law a general partner is held liable for the business decisions and transactions of his or her partners because everything in the business is split evenly. 'Section 306 of RUPA provides that "all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law
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