Assume that when Oakley finds out about the loan to Strand, she is so angered that she
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Assume that when Oakley finds out about the loan to Strand, she is so angered that she gives notice to Demuth that she is withdrawing from the partnership before the agreedupon fiveyear period. What is the legal impact of Oakley\'s dissociation on the partnership? Is the partnership automatically dissolved? Is Oakley still liable for the Strand debt and to any creditors to which the partnership owes money?
Related Book For
Legal Environment of Business A Managerial Approach Theory to Practice
ISBN: 978-1259686207
3rd edition
Authors: Sean Melvin, Enrique Guerra Pujol
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