X,Y,Z are partners engaged in the laundry business. Each contributed P10,000. It was stipulated that the liability of X shall not exceed the contribution. After partnership assets have been exhausted, the partnership has an unpaid balance of P9,000 in favor of creditor W. How much can W recover from the partners?

Answer rating: 100% (QA)

In this scenario the partners X Y and Z have a joint and several liability and they initi... View the full answer