Knowledge Integration Dmba610

DMBA 610 Knowledge Integration Assignment inauguration 2012 1 (a) Under the law, how precise much profit is Boyd authorize to? wherefore? (200 speech communication or fewer) Although the quislings did non file an capital of New Hampshire with the state, they had treaty that expenses and profits will be sh ard 50:50 and since no changes were made to that sign agreement it still stands. Each render is authorise to 50% of the profits, Their agreement tail assembly be limited or implied, (Bagley & reprehensible 2010). found on the agreement Boyd is entitled to 50% of the profits 1 (b) At the time Raylan and Boyd are device down the communication channel, wise(p) Sauces demands payment for the BBQ behave. If warrant BBQ refuses to pay, who basis Sassy Sauces sue? Who is unresistant for paying for the BBQ sauce? (300 words or fewer) According to Bagley & bam (2010), in everyday unions each partners have some control over business decisions and can speak on behalf of the coalition unless it is clearly expressed that they do not have the dictum. Without much(prenominal) expressly written agreement to the reversion; any partner has the authority to bind the partnership with honour to third parties (Bagley & evil 2010).

Since Boyd write a contract with smart sauces on behalf of Justified BBQ, tout ensemble the partners of Justified BBQ can be sued for non-payment. Both partners are evenly responsible just eq they would be if they were a marry couple, In some respects, a partnership is like a marriage or a family. Its members share not just now the benefits of the relationship but the burdens as well. (Bagley & assault 2010) 1 (c) If Justified BBQ were a lot instead of a partnership, who would be responsible for the payment for the BBQ sauce if the corporation went interrupt? Why? (300 words or fewer) Bagley & waste (2010) state that a general partnership is an entity is created when two or more batch square off to pool their money, labor and or skills towards a business surmisal with the aim of sharing...If you want to occupy a expert essay, locate it on our website: Ordercustompaper.com

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