Question
1. Problem: A, B, and C formed a partnership under the following terms and conditions: a. Participation A=40%, B=40%, C=20% b. A and B should
1. Problem: A, B, and C formed a partnership under the following terms and conditions:
a. Participation A=40%, B=40%, C=20%
b. A and B should supply the entire capital. C would contribute his management expertise and be the manager for the first five years without compensation.
c. C shall not be liable for losses.
After one year of operation the partnership became bankrupt.
- Could A alone, opposed by B and C have C removed as manager? Why?
- Could C personally be held liable for debtors of the partnership not satisfied with the assets of the partnership? Why
D. Discuss the Three cases of knowledge of a partner under Article Number 1821
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Contemporary Family Law
Authors: Douglas Abrams, Naomi Cahn, Catherine Ross, Linda McClain
5th Edition
1640205918, 978-1640205918
