This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the dissolution of a partnership on the basis of futility.[br][br][b][color=#7BCCB5]Question ... (Read 93 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Jun 24, 2018
Explain the dissolution of a partnership on the basis of futility.

Question 2

The Equal Pay Act's coverage is similar to that of the Fair Labor Standards Act.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 24, 2018
Answer to Question 1

If a business partnership clearly cannot achieve a profit, a court may decree dissolution. One partner cannot compel the other members to assume continued losses after the success of the business becomes highly improbable, and further operation appears futile. However, a temporarily unprofitable operation does not justify dissolution. A court will issue a decree of dissolution only when the objective reasonably appears impossible to attain.

Answer to Question 2

TRUE


ericka1

  • Member
  • Posts: 544
Reply 2 on: Jun 24, 2018
:D TYSM

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

The molecular basis of genetic complementation The molecular basis of genetic complementation
How to choose the right payment plan with changing conditions (Question 2) How to choose the right payment plan with changing conditions (Question 2)
How to integrate trigonometric functions containing even powers (Question 1) How to integrate trigonometric functions containing even powers (Question 1)
Blue Eye Color Blue Eye Color
Economics question Economics question
economic question economic question
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library