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MikeLittle.
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- May 13, 2015 at 2:35 pm #245736
I have started revising for my exam (11 June) and I am just reading an article in PQ Magazine that I saved from January called “are you ready for F4?” page 18 and 19
I have been working through the questions in the article, but do not understand Q5, was wondering if someone could explain.
it says:-
Wang has sued Xia, a partner in an ordinary partnership, for a debt of £1000 in respect of goods supplied to the firm by Wang.
It has transpired that Xia cannot satisfy the whole judgement debt but he has managed to pay Wang £800
Wang now wishes to sue the other 10 partners.How much can she sue each of them for?
A £20
B £100
C £200
D £1000
E Nothing since her action against Xia means that she now cannot sue another partnerI put £200, but the answer says it is D £1000
Confused, if Xia has already paid £800, why is the answer £1000?, am I reading the question wrong?
Any help much appreciated.
May 13, 2015 at 6:49 pm #245768That’s got me confused too. Sorry but I would have said 200 too
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