1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vlabodo [156]
3 years ago
5

Brett, Jenna, and Jill form a partnership, Parkside Realty, to buy and sell real estate. To alleviate a debt that she owes to Wa

llace, Jill transfers her partnership interest to Wallace. After the transfer to Wallace takes place, one of Parkside Realty's clients sues the partnership in relation to a real estate transaction brokered by Parkside Realty. The client names Parkside Realty and all individual partners individually in the suit. If the client is successful and Parkside Realty does not have enough partnership assets to cover the judgment against it, will Wallace be personally liable for Parkside's obligation?
Answers:
A. Yes, but only if the client also personally named Wallace in the suit.
B. Yes, because the cause of action arose after Jill transferred her partnership interest to Wallace.
C. No, because partners are not personally liable for the obligations of a partnership.
D. No, because Wallace is not liable for any of Parkside Realty's obligations.
Social Studies
1 answer:
spin [16.1K]3 years ago
3 0

Answer: B- yes, because action arose after Jill transferred her partnership interest to Wallace.

Explanation:

You might be interested in
Which situation most likely results when the government raises interest rates to banks? A. Economic activity slows.
galina1969 [7]
When economic activity slows. -APEX
3 0
3 years ago
Read 2 more answers
The president can veto a bill that has been passed by Congress. This is an example of which principle in action?
lions [1.4K]
I guess is checks and balances I don’t really know if I’m right
7 0
3 years ago
What are some multicultural perspectives of ethics for women throughout the world?
ki77a [65]
There are a lot of similarities between the perspectives of ethics for women throughout the world.
- For example, almost all culture/ethnicity sees women as the operator of the household, which are responsible in doing chores and taking care of kids
- Majority of these cultures expect women to be in support role while the men became the leaders
- They also expect the women to be completely obedient toward the husband
7 0
3 years ago
Why does government have a high quality of assessment of scientific procedure?
Komok [63]

Answer:

Due to high importance.

Explanation:

Government have a high quality of assessment of scientific procedure in order to evaluate the scientific procedure and scientific researches. This  quality of assessment of scientific procedure is very important for the validity of the scientific research. It is compulsory for the government to have a quality assessment system of scientific procedure so that's why Government have a high quality of assessment of scientific procedure.

5 0
3 years ago
What do you think was Napoleon's greatest accomplishment? Provide reasons to support your point of view?
Len [333]
Napoleon was the first and greatest emporer of france. He was also a great military leader. <span>Napoleon's achievements brought a brief period of stability after the violent revolution that brought an end to the French monarchy. He used his power to reinstate Roman Catholicism as the official religion of France.</span>
8 0
3 years ago
Other questions:
  • To compare psychophysics and physics, if physicists study the physical properties of light and sound, psychophysicists study____
    10·1 answer
  • Group disaster mary, jane, janet and samantha chose each other for a group project since they knew that they were all high achie
    8·1 answer
  • What happened to Ralph in LOTD?
    7·2 answers
  • Respiration is a chemical reaction used to _____.
    12·1 answer
  • Egyptian trade extended up and down the Nile, including trading with Kush at the southern end of the river. Egypt also traded he
    12·1 answer
  • Explain the reason for this time difference in at least two or three sentences
    14·1 answer
  • Which demographic change took place in United States in the early 1900s???
    7·1 answer
  • Is it illegal to attempt gerrymandering​
    12·1 answer
  • 2 principle in the constitution is another word for this kind of compound government? ​
    5·1 answer
  • According to personality psychologists, leader traits will play a stronger role shaping leader behavior in what type of situatio
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!