This flashcard is just one of a free flashcard set. See all flashcards!
107
Dick holds himself out as the managing partner of E-Investments Group, a partnership, even though Dick has no actual connection to the firm. Dick obtains a personal loan based on this misrepresentation. Dick’s default on the loan will result in
a. Dick being held solely liable for the amount.
b. E-Investments being held solely liable for the amount.
c. Dick and E-Investments being held jointly liable for the amount.
d. none of the above.
a. Dick being held solely liable for the amount.
b. E-Investments being held solely liable for the amount.
c. Dick and E-Investments being held jointly liable for the amount.
d. none of the above.
a. Dick being held solely liable for the amount.

Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010