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mars1129 [50]
3 years ago
14

Four (4) liabilities of incoming and outgoing partners​

Law
1 answer:
Flauer [41]3 years ago
7 0

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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3 years ago
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Kickball is a popular

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playground game and is typically played among young, school-age children.

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Yes. I don’t know much about this. But a retrial should be allowed, this is my opinion after reading this
3 0
3 years ago
According to V.O Key Jr. the three primary roles of American political parties according to Key are:
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