In a partnership of A, B , and C, A commits fraud which creates a liability to the partnership of $9,000. If the three partners share profits and losses equally, A 's liability to the partnership for his fraudulent act is $3,000.

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In a partnership, if one partner commits fraud, that partner is typically responsible for the entire liability resulting from their fraudulent act, not just their share of the profits and losses.

In a Partnership of A, B , and C, a Commits