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ohiosr ohiosr
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7 years ago
A, a partner in a furniture business called A & B Furniture, causes an accident with the business's delivery truck and injures Alice, who is standing at a bus stop.
Assume that in the law suit Alice will be entitled to $1 million in damages. Also assume that A has personal assets of $250 000.00 and B has personal assets of $450 000.00 and that the firm has assets of $1.5 million. In deciding who to sue, Alice will consider that
a. if Alice sues the firm alone its assets will cover her damages.
b. if Alice sues A and B only and succeeds, she cannot sue the firm.
c. if Alice sues A only and succeeds, she cannot sue B or the firm.
d. if Alice sues B only and succeeds, she cannot sue A or the firm.
e. all of the above
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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Existence87Existence87
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ohiosr Author
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#2
7 years ago
Makes a lot of sense now
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