Is finkel liable for damages

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Reference no: EM131494265

Question: 1. Finkel joined a partnership that operated a securities firm. An investor sued Finkel and the other partners for fraud that occurred two months before Frey became a partner. Is Finkel liable for damages?

2. Berry and Jones form a partnership to sell trucks. Their partnership agreement is silent about what happens to the assets should either partner die. Berry dies and his wife claims that she is entitled to one-half of the partnership assets. Is she correct?

Reference no: EM131494265

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