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Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

Two people who are not actual partners knowingly hold themselves out as partners and both consent to the credit transaction on which a supplier relies. No partnership liability results. Under Article 1825’s stated branch, which is correct?

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They automatically become actual partners among themselves for every purpose Only the supplier is liable Their liability is automatically nonexistent The statute provides pro rata liability with the other consenting person in this no-partnership-liability setting.

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