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A, B, C, D, E,F.G and H are partners in X Partnership. A, B, C and D are capitalist partners, with partnership interest of 30%;
A, B, C, D, E,F.G and H are partners in X Partnership. A, B, C and D are capitalist partners, with partnership interest of 30%; 30% 25% and 15%, respectively, while E.F.G and H are the managing partners. E and F plan to import office computers from Russia, but G and H opposed the plan. Determine which plan or decision should be undertaken by the partnership (To Import or Not to Import) in the following cases 1. There is no specification of the Managing Partners' respective duties, nor there is stipulation that one of them shall not act without the consent of all the others, and A and Care in favor of the importation while B and D are not in favor. 2. Same Management Arrangement in number 1 above, but assume this time that H, B, C and D opposed the plan, while the rest agreed to import. 3. The Partnership agreed that none of the managing partners shall act without the consent of the other but the managing partners cannot unanimously vote because E is out of the country for a Medical Checkup. 4. There is no Managing Partner designated, and A and D are in favor of the importation while B and Care not in favor. EXPLAIN YOUR ANSWERS
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