Question: Question 5 ( 1 point ) Devon and Keith opened a restaurant as a partnership. Two years later, Keith left the restaurant, and Devon discovered
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Devon and Keith opened a restaurant as a partnership. Two years later, Keith left the restaurant, and Devon discovered that Keith had charged numerous expenses to their account. These expenses resulted in thousands of dollars worth of debt for the restaurant. What option does Devon have in this situation?
Business creditors will pursue Keith alone, since his signature authorized payments.
He doesn't have to worry because, according to the law, everyone is responsible for hisher own debts.
Business creditors will expect Devon to pay at least half the debt, since he owns percent of the business.
He can't do anything; business creditors will expect full payment from him.
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