Question

Is a CP liable unless protected with a separate account?
1) Yes
2) No

Answer 1

A Civil Partnership (CP) is not liable for the debts or obligations of their partner unless they have guaranteed or cosigned for the debt. Having a separate account and agreeing to be responsible for the debt can make a CP liable.

Step-by-step explanation:

CP refers to the term 'Civil Partnership'. In most jurisdictions, a CP is not liable for the debts or obligations of their partner unless they have guaranteed or cosigned for the debt. Therefore, a CP is generally not liable unless they have a separate account and have agreed to be responsible for the debt.