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YAOVI, GERARD, AND PAUL DECIDED TO OPEN A COMPUTER CONSULTING FIRM. THEY WERE FRIENDS SINCE COLLEGE AND KNOW EACH OTHER WELL. AFTER DOING BUSINESS FOR

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YAOVI, GERARD, AND PAUL DECIDED TO OPEN A COMPUTER CONSULTING FIRM. THEY WERE FRIENDS SINCE COLLEGE AND KNOW EACH OTHER WELL. AFTER DOING BUSINESS FOR MANY YEARS AND BEING PROFITABLE, THE PARTNERSHIP IS NOW CONFRONTED WITH THE STRANGE BEHAVIOR OF YAOVI. 1) YAOVI BOUGHT ADDITIONAL COMPUTERS FOR THE FIRM WITHOUT CONSULTING WITH THE OTHER PARTNERS. YAOVI EXPLAINED THAT THE PURCHASE WAS A GOOD DEAL FOR THE PARTNERSHIP BUSINESS BUT THE OTHER PARTNERS; GERARD AND PAUL; REFUSED TO AUTHORIZE PAYMENT OF THE COMPUTERS, IN SPITE OF THE VENDOR'S INVOICE. 2] YAOVI STATED THAT THE PARTNERSHIP CANNOT BE TERMINATED BECAUSE THE PARTNERSHIP AGREEMENT WAS SILENT AS TO WHEN THE PARTNERSHIP SHOULD BE ENDED AND THE ASSETS OF THE PARTNERSHIP ARE OWNED JOINTLY BY ALL THE PARTNERS, THEREFORE NOBODY SHOULD FORCE HIM OUT OF THE PARTNERSHIP 3] YAOVI ALSO CONTENDED THAT IF HE LEAVES THE PARTNERSHIP, HE WILL NOT BE LIABLE FOR THE DEBTS OF THE PARTNERSHIP. YAOVI'S CAPITAL ACCOUNT IS LESS THAN THE CAPITAL BALANCES OF GERARD AND PAUL INSTRUCTIONS: THE OTHER PARTNERS, NAMELY GERARD AND PAUL, HAVE DECIDED TO FORCE YAOVI TO WITHDRAW FROM THE PARTNERSHIP. DID YAOVI'S (3) ARGUMENTS ABOVE CAN BE DEFENDED. PLEASE EXPLAIN AND ARGUE THE TRUTHFULNESS OF EACH OF YAOVI'S ARGUMENTS IN YOUR ANSWERS. INSTRUCTIONS: THE OTHER PARTNERS, NAMELY GERARD AND PAUL, HAVE DECIDED TO FORCE YAOVI TO WITHDRAW FROM THE PARTNERSHIP. DID YAOVI'S {3] ARGUMENTS ABOVE CAN BE DEFENDED. PLEASE EXPLAIN AND ARGUE THE TRUTHFULNESS OF EACH OF YAOVI'S ARGUMENTS IN YOUR ANSWERS

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