This topic contains a solution. Click here to go to the answer

Author Question: Jones is a partner in a law firm in a small town, and he is also doing legal work out of his home in ... (Read 134 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
Jones is a partner in a law firm in a small town, and he is also doing legal work out of his home in the evenings for himself. Which of the following statements is correct with respect to his responsibility for the money he earns?
◦ If Jones is a one-third partner in the law firm, he need only pay over a third of what he makes on the side.
◦ If Jones did not have the consent of his partners, he must pay over all money he makes through his business at home to the partnership.
◦ Jones has no responsibility; the money he makes through this extra work is his.
◦ Such conduct will automatically dissolve the partnership, but Jones can keep what he has made.
◦ Jones has a duty to tell the other partners, but the money is his and he can continue the extra work regardless of the other partners' consent.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by urbanoutfitters on Aug 7, 2021

Li Jun

  • Sr. Member
  • ****
  • Posts: 335
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly




urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review


connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library