A general partner will not be personally liable for which of the following acts or transactions?
A. The gross negligence of one of the partnership's employees while carrying out the partnership business.
B. A contract entered into by the majority of the other partners but to which the general partner objects.
C. A personal mortgage loan obtained by one of the other partners on his or her residence to which that partner, without authority, signed the partnership name on the note.
D. A contract entered into by the partnership in which the other partners agree among themselves to hold the general partner harmless.
Answer: C. A personal mortgage loan obtained by one of the other partners on his or her residence to which that partner, without authority, signed the partnership name on the note.
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