Explain the liability of the limited partners

Assignment Help Management Theories
Reference no: EM131176067

 Question 1. Explain the concept of joint and several liability in Partnership law. (words 150)

relevant rules: s5(1) PA SA, S9(1) PA SA, S10(1) PA SA, s12(1) PA SA

also need to include relevant cases.

Question 2. Limited liability partnerships in SA are created by registration. Explain the liability of the limited partners. (words 150)

relevant rules: s9(2) PA SA, s10(3) PA SA, s11(2) PA SA, s12(2)PA SA

also need to include relevant cases and some online research (reference)

Reference no: EM131176067

Questions Cloud

Differences between active and reflective leadership : Explain the differences between active leadership and reflective leadership. What are the settings or conditions under which each might be most appropriate? Which style do you most identify with and why?
Construct a probabilistic model for a single roll of dice : A six-sided die is loaded in a way that each even face is twice as likely as each odd face. All even faces are equally likely, as are all odd faces. Construct a probabilistic model for a single roll of this die and find the probability that the ou..
Describe the audience for this report : What is the background of the problem? What will be the outcome of the project? Describe the audience for this report and the implications for structuring your report
What is the sample space for this experiment : A four-sided die is rolled repeatedly, until the first time (if ever) that an even number is obtained. What is the sample space for this experiment?
Explain the liability of the limited partners : Explain the concept of joint and several liability in Partnership law. - Explain the liability of the limited partners.
What are the three primary data gathering methods : What are the three primary data gathering methods? What method would you use if you were gathering data on a movie studio? A grocery retailer
How can you compensate for your weaknesses : What does it suggest your strengths and weak nesses are as a project manager? - How can you compensate for your weaknesses
Evaluate decision-making tools for capital investments : Evaluate management control systems and examine their relationship with accounting and planning, including feedback and non-?nancial performance measurements.
Who do you think will be most cooperative : You are organizing an AIDS benefit concert in your hometown that will feature local heavy metal rock groups and guest speakers. - Who do you think will be most cooperative?

Reviews

Write a Review

Management Theories Questions & Answers

  Where would you locate the bar and grill establishment

What are the local and state regulations for operating a bar and grill establishment? What are the ethical issues involved operating a bar and grill establishment? Where would you locate the bar and grill establishment

  Analyze organizational behavior concepts associated with co

Write a 350- to 600-word executive summary in which you analyze organizational behavior concepts associated with common managerial practices involved in day-to-day operations within criminal justice settings. Be sure to identify professional standard..

  Bartender at the tucson racquet club

Cathy Livingston, bartender at the Tucson Racquet Club, can serve drinks at the rate r of one every 50 seconds, During a hot evening recently, the bar was particularly busy and every 55 second someone was at the bar asking for a drink.

  List the elements of the sexual harassment case

List the elements of a disparate impact case and apply them to this case? Will Janet prevail on this charge? List the elements of the sexual harassment case and apply them to this case? Can the plant establish an affirmative defense

  Describe the entrepreneurial strategy matrix

Describe the entrepreneurial strategy matrix and explain why it is effective for entrepreneurs. Briefly identify and describe the stages of development for a new venture. How can entrepreneurs build an adaptive firm? Be complete in your answer

  Discuss critically describe and formulate an effective hrm

Discuss critically describe and formulate an effective HRM Strategy

  A current business problem through research

Write a 2 page paper in MLA format detailing your scenario and solution.Identify a current business problem through research.

  What are the five sets of needs in maslow hierarchy

What are the five sets of needs in Maslow's hierarchy? How are a person's needs related to motivation?

  Can you find some normal distributions in the organization

Can you find some Normal Distributions in the organization? Examples include order shipping time, machine dimensions, utility usage, etc. Can you show how Six Sigma can be applied in the surgical department?

  Analyze richardson message from multiple perspectives

Analyze Richardson's message from multiple perspectives, focusing on word choice and content

  Voluntary affirmative action program

A city fire department has a voluntary affirmative action program. It is not disputed that the de- partment had previously discriminated against women and that only 1 percent of fire depart- ment employees were female at the time the plan was adop..

  Create a monopoly in the browser market

Did Microsoft's bundling of Microsoft Explorer with Windows extend its operating system's monopoly and substantially lessen competition? Discuss. Did Microsoft, as a result of these practices, create a monopoly in the browser market

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