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Rodgers, Kelly, and Lankey formed a partnership to breed and show horses. Rodgers and Kelly each contributed $ 5 0 , 0 0 0 to
Rodgers, Kelly, and Lankey formed a partnership to breed and show horses. Rodgers and Kelly each contributed $ to the partnership. Lankey contributed four horses valued at $ The partnership agreement provided that the partners would share profits equally. When the horses failed to perform as expected, Rodgers and Kelly decided to reduce Lankey's share of the profits. Lankey claims that this decision must be unanimous to be binding. Based on the material covered in this section, how will the case be decided? Please explain your response.
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