Frey and fuld a partnership borrowed 10000 from citizens, Management Theories

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Frey and fuld a partnership borrowed 10000 from citizens

Question: 1. 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?

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

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Management Theories: Frey and fuld a partnership borrowed 10000 from citizens

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Management Theories: Frey and fuld a partnership borrowed 10000 from citizens

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