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MMLU-Pro / 1585 / Bob Wilson borrowed …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Bob Wilson borrowed $20,000 from Ted Lamar to open a hardware store. Ted's only interest in the business was the repayment of his 5-year unsecured loan. Bob was so grateful for the loan that he named his business "Wilson and Lamar Hardware" and purchased signs and advertising displaying this name. He also listed Bob Wilson and Ted Lamar as "partners" on his stationery. When Ted found out, he was flattered to the point that he voluntarily reduced Bob's interest rate from 9 percent to 8 percent per annum. A few weeks later, Pete Smith, who had assumed that both Wilson and Lamar were operating the hardware store and was not familiar with the true situation, sold goods to Wilson and Lamar Hardware. Pete Smith has been unable to collect for the goods and he seeks your advice. Your advice to Pete is

category

law

options

  1. The Wilson and Lamar Hardware business entity is solely liable.
  2. Neither Bob Wilson nor Ted Lamar is liable.
  3. Bob Wilson and Ted Lamar are liable jointly.
  4. Bob Wilson is liable up to the amount of the initial loan, and Ted Lamar is liable for the remainder.
  5. Bob Wilson is liable for the entire amount and Ted Lamar is liable only to the extent the debt cannot be collected from Bob Wilson.
  6. Ted Lamar is solely liable.
  7. Only the de jure partnership arising from the relationship between Wilson and Lamar is liable.
  8. Both Bob Wilson and Ted Lamar are independently liable.
  9. only the de facto partnership arising from the relationship between Wilson and Lamar is liable.
  10. only Bob Wilson is liable.

src

ori_mmlu-professional_law

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Source and history

upstream_id / Original problem ID
1585
task_id
ec4e0984-b440-510a-b581-30cbb4316c07
task_key
default--test--1585
task_revision_id
1
config / split
default / test

Official source

initial import