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Humanities Legal Studies Topic started by: mvillekid20 on Jan 27, 2018



Title: Brothers Inc, a partnership, consisted of three partners Jessie, Mark, and Jake. However, Jessie was ...
Post by: mvillekid20 on Jan 27, 2018
Brothers Inc, a partnership, consisted of three partners Jessie, Mark, and Jake. However, Jessie was declared bankrupt at a time the company suffered considerable losses. Which of the following is likely to be true?
 A) Jake and Mark can declare the firm bankrupt.
 B) Jessie can continue to be a partner in the firm.
 C) Jake and Mark can enforce liability on Jessie.
 D) Jessie is automatically exempt from partnership liabilities.


Title: Brothers Inc, a partnership, consisted of three partners Jessie, Mark, and Jake. However, Jessie was ...
Post by: m7md9078 on Jan 27, 2018
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