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Question
After retiring from Jones & Co., a partnership founded by Megan, Jim Jones, and other partners, Megan grew tired of staying at home and started visiting the firm's place of business. The other partners would introduce her to prospective customers as "My partner, Ms. Jones," or "Our partner, Ms. Jones." Megan did not bother to correct anybody about this. She was introduced in this manner to Tiffany, a new customer. Relying on the idea that Megan was a partner, Tiffany entered into a contract with Jones & Co. If Jones & Co. does not fulfill its obligations, can Megan be held liable?
A. Under the RUPA, Megan is not liable as she did not make any claims to partnership.
B. Megan is liable, as she failed to correct the statement when she was being introduced as a partner.
C. Megan is not liable, but the partner who introduced Megan is liable.
D. Megan is not liable as she has withdrawn from the partnership agreement by retiring. She is no more an actual partner.
Answer
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