Rubya representation that he was a partner with daniel

Assignment Help Operation Management

Reference no: EM131773537

Class: Business Law Daniel is the owner of a chain of shoe stores. He hires Rubya to be the manager of a new store, which is to open in Grand Rapids, Michigan. Daniel, by written contract, agrees to pay Rubya a monthly salary and 20 percent of the profits. Without Daniel's knowledge, Rubya represents himself to Classen as Daniel's partner and shows Classen the agreement to share profits. Classen extends credit to Rubya. Rubya defaults. fill in the blanks with options below the question

1-Did Rubya represent himself to be a partner? a)Yes b)No

2-Did Classen, reasonably and detrimentally rely on Rubya's representation that he was a partner with Daniel? a) Yes b) No

3-Why? To create a partnership by estoppel the ________ must have led the third person to believe the nonpartner was a partner or impliedly consented to the nonpartner representing himself as a partner. a) partner b) non partner

4-In this case________did not represent to Classen that___________ was a partner. a) Daniel b) Rubya

5-What if Daniel had represented to Classen that Rubya was his partner? The courts may find that a ______________was created. a) Patnership b) Paternship by estoppel.

Reference no: EM131773537

Questions Cloud

What would be their market strategy and why : Given the following benefits of iinternationalization for Lockheed Martin, what would be their market strategy and why?

What is the company annual inventory turnover : Assuming that units in inventory are valued at $1000 per unit and are sold for $2000 per unit, what is the company’s annual inventory turnover?

Twenty-first-century challenges in strategic management : Twenty-First-Century Challenges in Strategic Management There are three particular challenges or decisions that face all strategists today.

Most significant it developments and applications : How will these technological advancements affect the society as a whole.

Rubya representation that he was a partner with daniel : Did Classen, reasonably and detrimentally rely on Rubya's representation that he was a partner with Daniel?

Explain equilibrium characteristics of currency fluctuations : Briefly explain the equilibrium characteristics of currency fluctuations among nations?

Restructuring that kleinfeld faces is common in business : Do you think that the level of strategic turbulence and restructuring that Kleinfeld faces is common in business?

Discuss the ad from creative and strategic perspective : Discuss the ad from a creative and strategic perspective. Does it work? Does it make an Impact? does it make sense?

Information provided by the recent productivity study : As Joe Spadaro, what would you do given the current overcapacity situation and information provided by the recent productivity study?

User Account

All Pages