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Should a partner be held liable for the criminal activities of a partner?
Wiki User
∙ 11y ago
an individual can not be held liable for crimes committed by their partner, as long as there was no agreement to commit the crime, or participation in the crime on the individuals behalf
Wiki User
∙ 11y ago
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Do any circumstances exists whereby a partner can be held accountable for criminal acts of a partner?
N. In order to be liable for a crime, an individual partner must somehow have agreed to or have participated in the crime.
Do any circumstances exist whereby a partner can be held accountable for criminal acts of a partner?
N. In order to be liable for a crime, an individual partner must somehow have agreed to or have participated in the crime.
Is a minor partner liable for the loss of business?
The liability of a minor partner depends on the specific terms of the partnership agreement. Generally, a minor partner is liable for their share of the partnership's losses up to the amount of their capital contribution. However, if the partnership agreement holds the minor partner as fully liable, they may be responsible for the entire loss of business.
The judgment given by the jury?
It is called the verdict. In a criminal case it will be Guilty or Not Guilty. In a civil case it will be Liable or Not Liable.
What are the advantages and disadvantages of a partnership businesses?
Some advantages of a partnership business is that the gains and losses are shared, you share the resposibilities, and it's easy to set up. But some disadvantages to a partnership business is that each partner is 'jointly and severally' liable for the partnership's debts; that is, each partner is liable for their share of the partnership debts as well as being liable for all the debts, there is a risk of disagreements and friction among partners and management, and each partner is an agent of the partnership and is liable for actions by other partners
''Intention'' a Mens Rea component should be the bench mark in equating liability of a criminal act?
yes because its what magistrates use to get someone to be liable for any crime
Is 70 year old criminally liable under law?
Yes, if their actions are criminal. There is no legal exception for criminal behavior based on age.
Is there a difference between guilty and liable?
Guilty and Liable both mean that you are responsible by law. However, you are "liable" in civil cases and determined "guilty" in criminal cases. There is also a difference between state (liable) and federal (guilty).
Is a domestic partner liable for the other's debt?
Only if he or she is a named joint debtor on the contract or lending agreement.
As a result of the present economic catastrophe should senior executives of the institutions concerned be liable for prosecution?
there may be a thin line dividing poor,hasty or careless judgments from calculated, deliberate decisions to flout rules.to be liable for prosecution implies breaking laws with criminal sanctions available to use against rule-breakers.In other words,big mistakes with serious consequences can result from honest mistakes,poor judgment,carelessness as well as criminal motives-just like car crashes.if criminal intent can be proved,prosecutions should follow.
I am 19 Living in a dorm at college my parents pay for everything Are they legally liable for my actions or can they get sued for something i do?
The question is much too broad to be answered specifically. However - if you are still legally a minor, possibly, your parents might be be held liable for civil damages, but they would not be held responsible for your criminal activities. If you are considered to be legally an adult in your state, it is only YOU that would be responsible for your actions.
What describes an importance between general partnerships and limited partnerships?
Their liabilities. A limited partner is only liable on the extent of his contributed capital. While a general partner can be liable on the extent of his personal assets. A general partnership has unlimited liability for all partners while a limited partnership has limited liability. Every partner in a general partnership is fully responsible for the business's debts. -Apex
