Case Summary of Patel v Patel, 260 Cal Rptr 255

Assignment Help Business Law and Ethics
Reference no: EM133304325

Case: The Patel family, consisting of parents and a son, was a partnership that owned and operated a motel. The parents made a contract to sell the motel, but thereafter the son refused to sell. He claimed that the contract of sale was not binding.

Decision: Judgement for the son. The motel was not as asset held by the partnership for sale. It was an asset that was essential for the running of the partnership/ business. Accordingly, neither one partner nor a majority had implied authority to sell the motel. To the contrary, the unanimous consent of all the partners was required for the sale of the motel because such a sale would make it impossible to continue the partnership business. [ Patel v Patel, 260 Cal Rptr 255 (Cal App 1989)]

Question: Case briefing of a Case Summary of Patel v Patel, 260 Cal Rptr 255 (Cal App 1989)

Reference no: EM133304325

Questions Cloud

Review the three models of abnormality-biological : Three models of abnormality-biological, psychological, and sociocultural-and apply key principles from each model to frame what is happening to Annie.
What is the benefit of choosing medicare advantage : What is the benefit of choosing Medicare Advantage rather than the Original Medicare Plan?What are write-offs and how do they affect the practice's accounting
How could the findings on assertiveness : How could the findings on assertiveness, help shed light to boys' behavior in the classroom? What implications do these researches finding have for teachers'
Discuss the authors findings regarding self-efficacy : Discuss the authors findings regarding self-efficacy of gifted students as they deal with adjustments in their personality. How could this affect them academic
Case Summary of Patel v Patel, 260 Cal Rptr 255 : Case briefing of a Case Summary of Patel v Patel, 260 Cal Rptr 255 (Cal App 1989)The Patel family, consisting of parents and a son
How will you incorporate your philosophies and beliefs : PSY 610 Grand Canyon University How will you incorporate your philosophies and beliefs into your career. When do those philosophies and beliefs become bias
What are potential socioeconomic benefits of technology : According to the WHO article on assistive technology: What are some of the reasons that access to AT is so limited across the world?
Identify the what you do guidelines : Identify the "What You Do" guidelines for approaching a fellow behavior analyst about a breach of the Code - illustrate the conversation Alfredo
What do envision responsibilities are as flight instructor : You may also share experiences (no names/dates/locations please!) of those who showed you how not to be a responsible flight instructor.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd