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Mommy22 Mommy22
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3 years ago
Joe entered into partnership with two others in the establishment of a real estate sales agency. The other two, Sam and Harry, had considerable experience in the real estate business but no money. Joe, on the other hand, had his own home and several significant assets, and although he didn't have any experience in the real estate business, his monetary contribution made him an equal partner with Sam and Harry. Unfortunately, Harry misused some trust funds that had come into his care as a result of business, investing them in the business of one of his sons rather than in an interest-bearing account. The business of the son went sour and the money was lost. The client sued Harry, Sam, and Joe. Explain the legal position of Joe here.
Textbook 
Legal Fundamentals for Canadian Business

Legal Fundamentals for Canadian Business


Edition: 4th
Author:
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sweetaliasweetalia
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3 years ago
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Mommy22 Author
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3 years ago
You make an excellent tutor!
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Yesterday
Brilliant
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2 hours ago
Good timing, thanks!
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