Describing liability of a partnership, Business Law and Ethics

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Describing liability of a partnership

Assignment:

Q1. Frey and Fuld, a partnership, borrowed $10,000 from Citizens National Bank. When the partnership failed to repay the loan, the bank sued Frey for the entire amount due. Is Frey liable for the full amount?

Q2. Describe the liability of a partnership and the partners for torts and crimes committed by another partner.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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