Answer to Question #169962 in Management for tetelo

Question

Indicate the INCORRECT statement:

(1) The Rules of Court provide that a partnership need not sue or be sued in the name of all partners but may sue in its business name.

(2) The partners, and not the partnership, own the assets of the partnership, because a partnership is not a juristic person.

(3) If the estate of a partnership as a juristic person is sequestrated the estates of individual partners always remain unaffected.

(4) An individual partner cannot be sued for a debt of a partnership during the subsistence of the partnership. 

Answer 1

(3) If the estate of a partnership as a juristic person is sequestrated the estates of individual partners always remain unaffected.