User Account

All Pages

Discuss the ways for dissolution of a partnership

Assignment Help Business Law and Ethics
Reference no: EM13518226

Raju and Kamala set up a consultancy firm under the name of Expert Consultancy in June 2000. The partnership agreement clearly stated that the partnership shall remain for a ten year period. In December 2010, Kamala took a personal loan amounting to RM100,000 from Bank Business but failed to pay three installments. Kamala later assigned her interest in the firm to Bank Business. Raju was not happy with the assignment and gave a notice to Kamala for dissolution of the firm. Raju decided that if Kamala refused to accept the notice, he would apply for dissolution by a court order. 

Discuss: 

a) The right of Kamala to assign her interest in Expert Consultancy to Bank Business. 

b) Discuss the ways for dissolution of a partnership. What are the grounds that Raju could use to apply for dissolution of partnership by way of court’s order?

Verified Expert

Reference no: EM13518226

Questions Cloud

Explain the half equivalence point in titrating of hco2h : What is the volume required of a 0.2 M KOH solution to reach the half equivalence point in titrating 25 mL of a 0.1 M HCO2H.
Should both the value of the note and the interest rate swap : Wheatery Flour Company is uncertain about both the price of wheat and how many bags of flour will be sold each month over the next six months for forecasted sales at $5 per bag.  This company enters into a futures contract in wheat to hedge the forec..
Gambling derivatives such as this are not allowed : The following contract does not have a  SFAS 133 Paragraph 6 notional in a clear sense.  Company C pays $100,000 for an option to receive $2 million if the average LIBOR for the next 12 months exceeds 8%.  Is this option contract subject to SFAS 133 ..
The hedge may reduce reported earnings prior : Which of the following types of contracts are generally excluded from SFAS 133 accounting rules (including fair market value adjustment rules)?
Discuss the ways for dissolution of a partnership : Discuss the ways for dissolution of a partnership. What are the grounds that Raju could use to apply for dissolution of partnership by way of court’s order?
Explain what type of research is needed to support : Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
The difference between a disparate impact and : The presentation must be completed in PowerPoint. Please use the Notes section to add the verbal portion of the presentation. The presentation should be between 10-15 slides. You must also properly cite your sources using APA format.
Compare the concepts of self-presentation and impression : Using 250-500 words, compare the concepts of self-presentation and impression management.
Determine the dimensions of the box that can be constructed : A rectangular box is to have a square base and a volume of 40 ft3. If the material for the base costs $0.30 per square foot, the material for the sides costs $0.05 per square foot

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Explain cooleys argument in genetically modified organisms

1. explain cooleys argument in genetically modified organisms and business duties. what would cooley say about the

  In contrast the international view specifically

whennbspexamining the historical context of treatment in a correctional setting it must benbspseen throughnbspboth

  Legal issues involved in human resource selection

Discuss legal issues involved in human resource selection.

  Discuss pretrial detention and the concept of bailexplore

prepare a 1050- to 1400- word paper in which you discuss and explain the pretrial process along with the following

  Research the issue rules and policies that are

research the issue rules and policies that are implemented against foreign businesses in the united states and in one

  What are the security levels in state and federal prisons

assignment state and federal prison systems paperwrite a 350- to 700-word paper in which you discuss the professionals

  Write a short essay between 400 and 500 words responding

write a short essay between 400 and 500 words responding to the assignment below. you are expected to utilize the

  Explain intellectual property rights factors

Explain Intellectual Property Rights Factors and Characteristics and Is the same idea going to generate the same audience experience when implemented in two different settings or two different languages

  Create a definition in your own words and provide the

create a definition in your own words and provide the constitutional reasons due process is required along with your

  Two angry students sent e-mails from texas to government

address the following in 1000-1250 words read and brief the following cases edwards v. south carolina 372 u.s. 229 1963

  Consider hypothetically a small community called

consider hypothetically a small community called plainsville colorado which has a critical rail line running through

  How would you react when a team member is being vague and

as you continue to develop in your career you will find that your responsibilities as a leader will increase. you will

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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