X is a supplier of premium coffee beans. B approached X to buy 100 kilos of the premium coffee beans. B informed X that the Coffee-is-Hot Partnership will be paying him at the end of the month. Because the partnership was very famous, X delivered the 100 kilos. Later on, X discovered that B was not a partner of the Coffee-is-Hot Partnership. What reason may X assert against the Coffee-is-Hot partnership to claim the payment for the premium coffee beans? X must go against B because B is the debtor of X. None of the above X is not required to investigate if B was truly a partner of the Coffee-is-Hot Partnership. X cannot claim from the partnership because B is not a partner.
X is a supplier of premium coffee beans. B approached X to buy 100 kilos of the premium coffee beans. B informed X that the Coffee-is-Hot Partnership will be paying him at the end of the month. Because the partnership was very famous, X delivered the 100 kilos. Later on, X discovered that B was not a partner of the Coffee-is-Hot Partnership. What reason may X assert against the Coffee-is-Hot partnership to claim the payment for the premium coffee beans? X must go against B because B is the debtor of X. None of the above X is not required to investigate if B was truly a partner of the Coffee-is-Hot Partnership. X cannot claim from the partnership because B is not a partner.
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 32P
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X is a supplier of premium coffee beans. B approached X to buy 100 kilos of the premium coffee beans. B informed X that the Coffee-is-Hot Partnership will be paying him at the end of the month. Because the partnership was very famous, X delivered the 100 kilos. Later on, X discovered that B was not a partner of the Coffee-is-Hot Partnership. What reason may X assert against the Coffee-is-Hot partnership to claim the payment for the premium coffee beans?
X must go against B because B is the debtor of X.
None of the above
X is not required to investigate if B was truly a partner of the Coffee-is-Hot Partnership.
X cannot claim from the partnership because B is not a partner.
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