Question: can you please help me with this 1. Explain what factors are considered in determining whether a partnership exists. 2.why is agency an important concept

can you please help me with this

1. Explain what factors are considered in determining whether a partnership exists.

2.why is agency an important concept in partnership law?

3. Discuss the legal consequences flowing from the legal principle established in Salomon v Salomon & Co Ltd [1987] AC 22 House of Lords (UK).

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Q:

A trader wishes to unwind a position of 200,000 units in an asset over eight days. The dollar bidoffer spread, as a function of daily trading volume q, is a + b cq where a = 0.2, b = 0.15 and c = 0.1...

Q:

Hi, so for corporate accounting we received an assignment that was to be based consolidation accounting. However, after going through the documents,I am struggling in discovering how to approach the...

Q:

Hi, so for corporate accounting we received an assignment that was to be based consolidation accounting. However, after going through the documents,I am struggling in discovering how to approach the...

Q:

Last Lecture - In the last lecture, we covered selected materials on contract law in Chapter 13 (\"Practical Contracts\"] and Chapter 14 (\"Sales"] We discussed when parties should want their...

Q:

NOT RECOMMENDED FOR FULL-TEXT PUBLICATION File Name: 14a0777n.06 No. 14-5313 UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT SUZANNE E. BRADLEY, Plaintiff-Appellant, v. WAL-MART STORES EAST, LP,...

Q:

NOT RECOMMENDED FOR FULL-TEXT PUBLICATION File Name: 14a0777n.06 No. 14-5313 UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT SUZANNE E. BRADLEY, Plaintiff-Appellant, v. WAL-MART STORES EAST, LP,...

Q:

Do the reading assignment and then look up KRS 275.520 and read its text.Then answer the questions below. Fully explain your answers: 1.What is the taxation advantage of a LLC as opposed to a...

Q:

I need help with this essay. Performing tax research to find correct answers to a given tax situation and composing memoranda summarizing these findings are important parts of tax practice. As...

Q:

Within the tax jurisdiction of the Republic of Singapore, determine Anthony's tax amount. (Please refer to case study for question) CASE STUDY - Mr & Mrs Anthony Chan Soon Thoong Anthony is 35 years...

Q:

Please be thorough with your answers and no copy and paste sentences or paragraphs from other sources ( and please no copy and paste excerpts from other sources), please. Please simplify as much as...

Q:

Professor Question: Who is Subject to Regulation: Employer vs. Employee (Agency Law){PLEASE READ} Class,, feel free to extend the discussion by reviewing the "Professor Analysis" below and letting...

Q:

In february the coronavirus pandemic struck the world economy with the biggest shock since the second world war. Lockdowns and a slump in consumer spending led to a labour-market implosion in which...

Q:

A 700-kg car accelerates from rest under constant power at t = 0. At t = 9 sit is 117.7 m from its starting point and its acceleration is then 1.09 m/s 2 . Find the power expended by the car's...

Q:

Evaluate the integral b y using first subsitution and then partial fractions. use C for the arbitrary constant. Absorb into C a s much a s possible. s e c 2 ( ) t a n 2 ( ) - 2 5 6 d

Q:

At December 31, 2022, Takeshi Group had a deferred tax liability of 680,000,000 resulting from future taxable amounts of 2,000,000,000 and an enacted tax rate of 34%. In May 2023, a new income tax...

Q:

You have recently been hired by Davis & Company, a small public accounting firm. One of the firms partners, Alice Davis, has asked you to deal with a disgruntled client, Mr. Sean Pitt, owner of the...

Q:

Solve these equations. a. |x 2 - 6| = 10 b. |x 2 - 2| = 2 c. |x 2 - 5x| = 6 d. |x 2 + 2x| = 24 e. |x 2 - 5x + 1| = 3 f. |x 2 + 3x - 1| = 3 g. |x 2 + 2x - 4| = 5 h. |2x 2 - 3| = 2x i. |x 2 - 4x + 7| =...

Q:

A low-flying crop duster A is moving with a constant speed of 40 m /s in the horizontal circle of radius 300 m. As it passes the twelve-oclock position shown at time t = 0, car B starts from rest...

Q:

Refer to Exercise 26. a. Of the eggs that hatched, what proportion were randomly assigned to hot water? b. Of the eggs that were randomly assigned to hot water, what percent hatched? c. The segmented...

Q:

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

Q:

The first-hand information rule: If an event is communicated to us by someone who witnessed an event at first-hand, we will have more confidence in the information than if we were told about it by...

Q:

The background knowledge of the interpreter

Q:

The expert rule: We have more confidence in information presented by someone who is an expert in the field than by someone who is not.