Question: Messitt and McNulty spend $ 5 0 , 0 0 0 each to form a law partnership. On the first day someone trips over a
Messitt and McNulty spend $ each to form a law partnership. On the first day someone trips over a potted plant in their lobby and sues them for $ Which of the following is true?
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If a $ judgment is against the partnership, then each partner will have to pay $
If a $ judgment is against the partnership, and if McNulty cannot afford to pay any of it then Messitt is liable for $
Messitts liability is limited to $ because she owns three quarters of the firm.
Each individual partner cannot be sued for more than $
Only McNulty is personally responsible for the damages because he was the one who put the potted plant in the office.
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