b. operating activity.
c. revenue activity.
d. investing activity
The type of liability that occurs when a third party has the option of suing all the partners together or one or more of the partners separately is called joint and several liabilities.
In this type of liability, each partner is individually responsible for the entire amount of the obligation, which means that if one partner cannot pay their share, the other partners may be required to cover their portion.
It is important for partners to understand the risks and potential liabilities associated with joint and several liability when entering into a partnership agreement.
To learn more about “liability” refer to the brainly.com/question/14921529
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False