In the event of a debt of TOPS Company Limited, who may Moret Sales Co. collect from?

In partnership law, the general principle is that all partners are jointly and severally liable for the debts of the partnership. This means that a creditor can pursue any partner for the full amount of the debt.

In this scenario, Moret Sales Co. can first collect from the partnership itself for its assets totaling P150,000.00. If the partnership's assets are insufficient to cover the debt, the creditor can then pursue the individual partners, which in this case include Teresa, Olga, and Sonia.

The reason that C is the correct answer lies in the fact that after collecting the partnership assets, the creditor can pursue Teresa and Olga (as general partners) in addition to Sonia, even if she is a limited partner, to cover any remaining debt. Limited partners have limited liability, but they may still be pursued for debts to the extent of any personal investments or guarantees they may have made, depending on the structure of the partnership and the obligations each partner undertook.

This option appropriately reflects the legal framework of partnership debts, illustrating the order of collection and the potential liability of each partner according to their status within the partnership.

Other options do not correctly represent the partnership's obligations or the respective liabilities of the partners. For instance, some options