Partnership by estoppel

Assignment Help Business Law and Ethics
Reference no: EM132488857

Question 1: Ann leads you (third party) to believe she is a partner with Sue. She sends Sue out to you and you give her money to invest in the partnership. Sue skips town with your money. When you sue the parties Ann states as a defense that she was never partners with Sue and can prove the same. Is your only recourse to find Sue and sue her or will Ann be liable to you for leading you to believe that a partnership existed? Is this a partnership by estoppel?

Question 2: Can the firm of Dewy, Cheatem and Howe be sued under their partnership name? Can Dewey, Cheatem and Howe put the initials P.C, after the partnership name? Why or Why not?

Reference no: EM132488857

Questions Cloud

Did employer authorize employee act : Melinda, who works in a jewelry store owned by Cindy, was picking up some gemstones for use in the store. On the way back to the jewelry store
Calculate the equivalent units of production for the month : A production department's, Calculate the equivalent units of production for the month, assuming the company uses the weighted average method.
Describe two different types of independent contractors : Describe two different types of independent contractors that work as agents on a contract basis for several principals and are compensated
Determine the cost of direct materials used : A company's overhead rate is 50% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used
Partnership by estoppel : Is your only recourse to find Sue and sue her or will Ann be liable to you for leading you to believe that a partnership existed? Is this a partnership by estop
Compute the average number of days that visions accounts : For this year, compute the average number of days that Visions's accounts payable are outstanding. (Round your answer to the nearest whole number.)
What amount of bad debts expense would appear : Determine What amount of bad debts expense would appear in the statement of income for the year ended December 31, 2020?
Perspective of contract law : After Owen went back home, he noted that he was no longer required to purchase the "Ant Hunter" from Tomorrow's Computers Company.
Demonstrate the professional standards of moral conduct : Demonstrate the professional standards of moral, ethical, and legal conduct. Assume accountability for personal and professional behaviors.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Corporations law question

In 2012, three friends (Amy, Lee and Chu) incorporate Bold Fresh Pty Ltd to operate a retail fashion shop that specialized in selling the latest trendy fashion designs.  Amy and Lee each held 45% of the issued shares in the company and Chu held the r..

  How the government has impacted public policy

Choose an example of how the government has impacted public policy. For example: Social Security Act, the Affordable Care Act, the 18th Amendment (the Volstead Act), No Child Left Behind, the US PATRIOT Act, the 16th Amendment (income tax), the 19..

  The major areas concerning the foundations and definitions

write a paper on your understanding of organized crime. your paper should address the following1. the major areas

  Discuss the detention and bail

Should those accused of violent acts be subjected to preventive detention instead of bail, even though they have not been convicted of a crime?

  Dorothy purchases a chair that was made by woode designs

1.which of the following is a defect in manufacture?2.according to the doctrine of the plaintiff is not required to

  A landlords promise that the premises have no defects that

1.a possession interest in which the lease continues for successive periods for the same length of time-weekly monthly

  Do you have legal responsibilities to sharon and darryl

Is the intruder liable for what he has done? Why or why not? Do you have legal responsibilities to Sharon and Darryl? Why or why not? Do you have ethical responsibilities to Sharon and Darryl? Explain. If there are ethical responsibilities, what ar..

  Focusing on the how of violence

Read the two articles "Shooting in the Dark", and "Focusing on the How of Violence" and write two separate analytical summaries

  Identify the types of data chosen for collection and how

this assignment is the culmination of the research proposal. both parts are reflected in the total word count. include

  Was this clause in the terms of employment between ab inc

TL 10002 - Legal Method and Research. Was this clause in the terms of employment between AB Inc and the five employees? Scenario 1. Assuming that there was a term of employment AND Scenario 2. Assuming that there was not

  Describe the key characteristics of a whistleblower

Briefly summarize one (1) researched instance of whistleblowing in one (1) publicly traded company within the last 12 months. Include the details of the issue that the whistleblower reported and the effect of the whistleblower's actions on ..

  Write paper on criminal justice training & development

Write a 500-600 word paper on Criminal Justice Training & Development Opportunities. Think about and explore the career path you want to take in criminal justice

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