Business Law

You are one of nine partners of MobileWorks, a partnership organized to manufacture and sell mobile networking devices. You receive an email from a start-up competitor, NetraNet, who is interested in hiring you immediately in a highly-paid leadership position. The rumor is that NetraNet is rapidly developing more advanced networking technology than MobileWorks. You would be eager to manage the new technology. However, the MobileWorks partnership agreement states that no partner can leave the partnership without giving sixty days notice to the other partners. You know that waiting sixty days would be too long and you would miss out on key opportunities at NetraNet. Considering partnership law and the business implications, evaluate the decision to leave the MobileWorks partnership immediately to join NetraNet.