CT Bar Practice Questions - Connecticut Bar Examination Exam

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Two people carry on a business for profit as co-owners without forming any entity. One partner, acting in the ordinary course of business, incurs a debt. Under the Uniform Partnership Act principles, who is liable?

Only the partner who incurred the debt All partners are jointly and severally liable for partnership obligations No one, because there is no written partnership agreement Only the partnership's customers

Correct Answer:

All partners are jointly and severally liable for partnership obligations

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