Answer: The answer is provided below
Explanation:
The four liabilities of incoming and outgoing partners are:
1. person who is admitted as a partner to an existing firm apart from a limited partnership or an incorporated limited partnership doesn't by that particular admission alone become liable for anything which is done before the person becomes a partner.
2. A person admitted as a general partner into a limited partnership or an incorporated limited partnership that already exists does not by the admission alone become liable for things done before the individual became a general partner.
3. A partner who retires from a firm other than limited partnership or an incorporated limited partnership doesn't by the retirement alone cease to be liable for the partnership debts and the obligations that were incurred before the retirement of the partner.
4. A partner who retires from a limited partnership or an incorporated limited partnership
doesn't by the retirement alone cease to be liable for the liabilities of the firm that were incurred before the retirement of the partner for which the partner were liable.
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Answer:
If a court finds a contract to be unconscionable, they can amend the unconscionable clause, but may not remove it completely.
I hope this helped at all.
It should be noted that in contract law, a discharge will take place when the parties that are involved have fully performed their duties. Therefore, it's <u>true.</u>
Discharge of a contract simply takes place when the main obligations of a contract end. It should be noted that the ending of the contract entails the termination of the contractual relationship.
Both parties to a contract are discharged when they have completely performed their contractual obligations. Therefore, the operation of law releases the parties from performance.
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Answer and Explanation:
All 50 states have legislatures made up of elected representatives, who consider matters brought forth by the governor or introduced by its members to create legislation that becomes law. The legislature also approves a state's budget and initiates tax legislation and articles of impeachment.