How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Bizhelp Your Own Question
Bizhelp, CPA
Category: Homework
Satisfied Customers: 5884
Experience:  Bachelors Degree and CPA with Accounting work experience
Type Your Homework Question Here...
Bizhelp is online now
A new question is answered every 9 seconds

Carl holds himself out as a partner of Delta Associates, a

Resolved Question:

Carl holds himself out as a partner of Delta Associates, a partnership, even though he has no connection to the firm. Carl obtains a loan based on the misrepresentation. Carl's default on the loan results in
A. Carl and Delta's joint liability for the amount.
B. Carl's sole liability for the amount.
C. Delta's sole liability for the amount.
D. Neither Carl's nor Delta's liability
Submitted: 5 years ago.
Category: Homework
Expert:  Bizhelp replied 5 years ago.

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Bizhelp and 2 other Homework Specialists are ready to help you

Related Homework Questions