Question: Refer to Fact Pattern 1 9 - 2 . Is Macon, XYZ Grooming, or Valo responsible for payment of the shampoo purchased by Valo? The

Refer to Fact Pattern 19-2. Is Macon, XYZ Grooming, or Valo responsible for payment of the
shampoo purchased by Valo?
The partnership is liable and Valo is liable in the event there are insufficient partnership
assets, but Macon is not liable on the debt.
The partnership is liable, and so are both Valo and Macon if insufficient partnership funds
exist to pay the debt.
Valo is liable on the debt, but neither Macon nor XYZ Grooming is liable.
Since the winding-up process has begun, neither Macon, Valo, nor XYZ Grooming is liable.
 Refer to Fact Pattern 19-2. Is Macon, XYZ Grooming, or Valo

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