Several Liability – NBC Institute

BL – MarJul 2020 – L1 – SA – Q3 – Partnership Law

Question assessing understanding of partnership liability and the implications for legal action against partners.

Question

When the liability of partners in a partnership is described as several, it means an aggrieved party could sue the partners
A. Jointly
B. Collectively
C. With families
D. With firm only
E. Individually

Answer

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Tags: Aggrieved Party, Legal Terminology, Liability, Partnership, Several Liability
Level: Level 1

Topic: Partnership Law
Series: MAR/JULY 2020

Question Tag: Several Liability

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BL – MarJul 2020 – L1 – SA – Q3 – Partnership Law

Question assessing understanding of partnership liability and the implications for legal action against partners.

BL – MarJul 2020 – L1 – SA – Q3 – Partnership Law

Question assessing understanding of partnership liability and the implications for legal action against partners.

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Question Tag: Several Liability

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Question assessing understanding of partnership liability and the implications for legal action against partners.

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