A partner can be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that gave rise to the obligation. This statement is false.
The basic goal of multilateralism is for the concerned nations to effectively handle the problems that their populations are facing. Inclement, solidarity, and consultation are some of the fundamental principles of multilateralism. As an illustration, before making any decisions that would have an impact on their relationship, the president of one nation would speak with the presidents of the other countries that are a part of it.
Partnerships have a long history and were used in the Middle East and Europe during the Middle Ages. A 2006 report claims that Francesco di Marco Datini, a Prato and Florence-based businessman, established the first alliance in 1383. Early partnerships have also included the Del Buono-Bencivenni business (1336–40) and the Covoni firm (1336–40), although these were not legal associations.
Every partnership must have a partnership agreement in order to exist, even if it hasn't been reduced to paper. Although a formal partnership agreement is not legally necessary in common law nations, partners may benefit from one that spells out the key conditions of their relationship.
To learn more about partnerships follow the link.
https://brainly.com/question/19988417
#SPJ2
