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Alle Oberthemen / Law / International Law

LAW (125 Karten)

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Donna and Earl are partners in The Law Firm, LLP, a limited liability partnership. Donna supervises Earl. Earl negligently fails to appear in court on behalf of Frank, a client. Frank sues Donna and Earl. If the prin­ciple of proportionate liability is applied, Donna will likely be held liable for

a. her portion of responsibility for Earl’s negligence.
b. the amount of the loss that Earl is unable to pay.
c. the entire loss.
d. none of the above.
a. her portion of responsibility for Earl’s negligence.

Begründung:
The partner who commits negligence is reliable, as well as the partner who supervises this party.
If principle of proportionate liability is apllied, it means that each of them is liable for no more than his portion.
Tags: Limited Liability Partnership (LLC) Liability
Quelle: p.127 unten, siehe auch Example dazu
Kartensatzinfo:
Autor: Elisa
Oberthema: Law
Thema: International Law
Schule / Uni: Hanze Hogeschool
Ort: Groningen
Veröffentlicht: 14.02.2010
Tags: Exam Year 1
 
Schlagwörter Karten:
Alle Karten (125)
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2nd Absatz (2)
also see partnership by estopel (1)
Assault and Battery (2)
Business Organization (1)
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Chain-Style business operation (2)
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Coporate Financing (1)
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Family Limited Liability Partnerships (FLLP) (1)
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last sentence (1)
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