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You are logged in as Jalak P Zion 35 et ered s out of Three...

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You are logged in as Jalak P Zion 35 et ered s out of Three friends A, B and C agree to go into a business installing home insulation. They agree to share profits and properly register their partnership as Homelnsulate LLP. Despite opposition by A and B, C signs a contract to undertake an insulation project for a shopping center, a type of commercial project the business has never undertaken before. When the project fails and the shopping center sues, who is liable? g son Select one: a. only the partnership, because it is an LLP in which the partners have limited liability and C was acting with apparent authority. b. all three partners, because the act of any one partner binds the partnership and all the partners share jointly and severally in partnership liability. c. only C, because he signed the contract and lacked authority to bind the partnership given that the partnership name limits the business to residential projects. d. nobody (neither the partnership nor the partner) because Cacted without actual authority in signing a contract beyond the partnership's usual business. ton 36 Rini, the owner of Simply Sushi, is a sole proprietor. What are the key advantages and

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