Hal and Gretchen are partners in a delivery business. When business is slow, without Gretchens knowledge, Hal
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Hal and Gretchen are partners in a delivery business. When business is slow, without Gretchen’s knowledge, Hal leases out the delivery vehicles as moving vans. The vehicles would otherwise be sitting idle in a parking lot. Can Hal keep the lease money, or does he have to account to Gretchen?
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Under the partners fiduciary duty a partner must accou...View the full answer
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Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
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Related Book For
Business Law Text and Exercises
ISBN: 978-1305509603
8th edition
Authors: Roger LeRoy Miller, William E. Hollowell
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