Who can generally be held liable for the acts of partners in a partnership?

In a partnership, all partners are jointly liable for the acts of the partnership, particularly if those acts fall within the scope of the partnership's business. This principle is rooted in the concept of joint and several liability, which means that each partner can be held accountable for the entire obligation of the partnership that arises from its business activities.

When a partner acts on behalf of the partnership and their actions are related to the partnership's business, all partners can be implicated in any resulting liabilities or obligations. This liability extends to tortious acts as well as contractual obligations that occur within the partnership's scope of operations. Therefore, if a partner engages in conduct that causes harm or violates legal rights, all partners share responsibility for that act, regardless of whether they directly committed the act themselves.

This joint liability serves to protect third parties interacting with the partnership, ensuring that they have recourse against any of the partners if needed. It promotes trust in business transactions, as individuals can pursue claims against any partner rather than having to determine who specifically committed a wrongful act or breach of contract.

The other options do not accurately reflect this legal principle. Individual liability is not limited to just the partner who committed the act, there is no requirement for a formal agreement for liability to exist