1. Answer the following: a. What is the liability of the partnership for contracts regarding partnership business?...
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Question:
1. Answer the following:
a. What is the liability of the partnership for contracts regarding partnership business?
b. Under the RUPA, what is the liability of the partnership for torts committed while a partner is acting in the ordinary course of partnership business? How does this compare to the liability of a principal under respondent superior? Explain.
2. Matt and Ron would like to form a corporation. Discuss what is required in most states to form a corporation.
Related Book For
Introduction to Business Law
ISBN: 9780324826999
3rd Edition
Authors: Jeff rey F. Beatty, Susan S. Samuelson
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