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Read the Blumberg v. Ambrose case that begins on page 597 of the text (Chapter 17). Respond to the following questions: If an LLC was
Read the Blumberg v. Ambrose case that begins on page 597 of the text (Chapter 17).
Respond to the following questions:
- If an LLC was created, how is this case about the formulation of a partnership?
- What are the indications that there was a partnership created?
- Miscommunication is often the basis for litigation - what should the parties have done in this case?
- How do you define a partnership? What should you do before engaging in a business operation with another individual?
- What list of lessons could you develop for two people who are starting a business based on what happened in this case?
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