Assertion: partnership's member | /r/HasProperty | liable
Facets:
value: fully
type: DEGREE
value: in case of merck
type: OTHER
value: besides the owning family
type: OTHER
value: personally
type: MANNER
value: basically
type: DEGREE
value: for the failure of the business
type: CAUSE
value: for obligations
type: CAUSE
value: at common law
type: OTHER
Source sentences:
text: At common law, members of a business partnership are personally liable for the debts and obligations of the partnership.
text: Basically, each member is personally liable for the failure of the business.
text: In case of Merck, besides the owning family Merck also the members of the executive board are fully and privately liable for the company (including a period after withdrawal).
text: In case of Merck, besides the owning family Merck also the members of the executive board are fully and privately liable for the company (including a period after withdrawal).