Does the fact that there is no written partnership agreement for HDD mean that no partnership exists?

If the law suits are successful, and if HDD does not have enough money to pay for what has been ordered, do the partners have to personally pay the difference?

Joan and Don feel that they should not be responsible for the customer’s damages, because they told all HDD employees never to leave the hotdog boxes lying around the cart. Will this fact get them off the hook?

Joan and Don do not want to continue with the Franchise business with Jack gone. Is it possible for them to get out of the contracts by claiming they did not know Jack was making them?

Will the company be able to rescind John’s sale of the condo to Yono?

Jill Jackal has also filed suit against CCI as she has not yet received her promised royalty checks. Will Jill win?

Is FAMUSA a viable corporate entity in the eyes of the law? Explain.

joan and don own “hot diggety dogs” (hdd) a vending cart business, which sells gourmet hot dogs on the streets of richmond, virginia. the partners operate four hotdog carts scattered at various points in the downtown area close to the office and retail shops. they have a vendor’s license from the city to operate their business. hdd is very successful. their best selling gourmet dog, “the french doogle”, is so popular that it was the subject of a food network “show down” with iron chef, bobby flay. the “french doogle” won the competition. joan and don are understandably very proud of their products. currently, the partnership has no formal agreement that outlines profit distribution, managerial responsibilities, and liabilities of the parties. joan and don want to expand the business. the have agreed to expand the cart business to include four new carts in the city and a kiosk in the mall. they also decide to franchise the cart business around the commonwealth. joan has agreed to the expansion only if they bring in a new partner, with money, for the express purpose of getting the franchise contracts. jack, one of joan’s friends, has agreed to become a partner for the time it takes to set up the franchise business. jack offers to contribute $50,000 to the partnership with the understanding that he will double his money by the end of the 1st twelve months of continuous operation of the four new carts in the city, the kiosk in the mall, and no less than 10 additional franchises around the commonwealth. no written agreement was made between the partners. every year the women’s league sponsors an old fashioned fourth of july festival. it begins on the second of july and culminates with the fireworks display on july 4th. the proceeds of the festival are given to the local children’s hospital. the three day festival is a big money maker for hdd because of all the activity in the downtown area leading up to the festival and because of the large number of people who come to the festival. it comprises almost 25% of their annual income. historically, hdd has had their usual four carts around the city during the festival. this income goes to hdd. hdd also sponsors one cart during the festival which is located in the festival area, itself. the proceeds from this cart go the festival sponsors. this year, the sponsors anticipate an increased attendance of 15%. joan and don are excited about this, and hope that they can use the additional funds to help fund their business expansion. one month before the festival, joan and don received a mailed notice from the city of richmond informing them that, due to a new city ordinance brought about because of excessive traffic flow, licensed street vendors would no longer be able to set up in the immediate downtown area of richmond. the city passed the ordinance at the last city council meeting without prior notice of any kind.............................................