Fred is liable because he was put on notice of the presence of the substance. Ginger is not liable because she did not have actual knowledge.
Ginger is liable because she is the one who purchased the building. Fred is not liable, even though he had actual knowledge, because he did not purchase the building.
Neither Ginger nor Fred are liable personally, nor is the partnership, as they did not put the substance in the building.
Both Ginger and Fred are liable, regardless of the circumstances, by virtue of the fact that they are partners.
Recently Asked Questions
- Please can someone help me out on this business stat hw?
- Imagine one morning at precisely 6:00 a.m., you find a gold nugget under your pillow. Attached is a note. The note states that, if you leave the nugget under
- I was not able to go to class the day this was taught. I am confused on how to figure out how to find the loans, reserves and deposits for this question?