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konstantin123 [22]
3 years ago
10

Attorneys Arianna and Alexander share an office that has a sign reading: "A & A, a law firm." Their billing invoices have bo

th their names on them, and they deposit their earnings and cover the rent from the same account. They do not share profits or have any agreement to be partners. Dexter, a client of Arianna’s for the past two years, sues both Arianna and Alexander, alleging that Arianna committed malpractice.
a. If Dexter wins in court and is awarded $50,000 in damages, who is liable to him?
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer: Both Arianna and Alexander

Explanation: This is a general partnership. In a general partnership, all partners are personally liable for all business debts. They do not need to have any agreement to be partners or register their partnership formally to enter into a general partnership. The fact that they share an office, have a joint sign and an account is sufficient to establish this form of partnership.

Also, in a general partnership, each partner is held severally liable, that is if  one of them is liable to pay a business debt and cannot afford to pay, the other partner has to.

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Explanation:

Given the following :

Cost of new equipment and timbers - $275,000

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Annual net cash receipts - $120,000

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Kindly check attached picture for Explanation

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3 years ago
What is the norming stage
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Sergeeva-Olga [200]

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3 0
3 years ago
Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probabil
nlexa [21]

Answer:

correct option is b.0.50

Explanation:

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solution

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3 0
3 years ago
You run a stop sign and hit another vehicle. Which type of insurance will pay for the repair of your vehicle
Elena L [17]

You run a stop sign and hit another vehicle. Collisions are the type of that insurance will pay for the repair of your vehicle

This is further explained below.

<h3>What is collision insurance?</h3>

Generally, Collision insurance is a kind of coverage that may assist pay for the repair or replacement of your vehicle in the event that it is damaged in an accident with another vehicle or object, such as a tree or a fence. When you lease or finance a vehicle, the lender will almost always demand you to have collision coverage on the vehicle.

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brainly.com/question/2738751

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2 years ago
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