Question: true or false 1 * A partner in a firm which gives negligent advice is not personally liable for any adverse consequences 2 * A

true or false

1 * A partner in a firm which gives negligent advice is not personally liable for any adverse consequences

2 * A director in a limited company may be held personally liable for the adverse consequences of anyadvice s/he gives which is given negligently

3 * A director in a limited company can be held personally liable for the financial consequencesof reckless trading by the company

4 * A limited company cannot be sued in the same way that a natural person can be sued

5 * A limited company has a separate legal identity from its owners and directors

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