+1-415-670-9189
info@expertsmind.com
Prepare a memo to madeline discussing
Course:- Business Management
Reference No.:- EM1348862




Assignment Help
Assignment Help >> Business Management

Essential that all the partners take decisions jointly

Nicholas, Jack and Madeline are planning to form a partnership to create a business that will sell a healthy breakfast-on-the-go to commuters just outside of the local train station. They have been able to reach agreement on many issues, but Madeline is concerned that Nicholas might become a little irresponsible and use his position as a partner, and the partnership's name, in business transactions that Madeline might not approve of for the partnership. Madeline feels that Nicholas has superb marketing skills that will benefit the business, but she wonders what he might do in regard to transactions with third parties on behalf of the partnership.

REQUIRED
Prepare a memo to Madeline discussing the rights of each partner to engage in transactions on behalf of the partnership and how a partnership can restrict a partner's authority to engage in specific types of transactions.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Management) Materials
As a nurse administrator at SLMC, you are trying to increase communication among your team members. In the past, it has been difficult for come of the various shift workers
Catherine believes that he is always engaging in political activity that is not in the best interests of the college. She explains him as a man who passes the buck and who i
What is the impact of leadership? Discuss your beliefs on leadership. What experiences have shaped your beliefs? How did your experiences form your opinion on leadership?
Describe the balance that you currently seek between career and family life. Do you believe that the mindset of corporate America is conducive to the type of work and family
Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page
Explain how could you use the estimating techniques necessary to develop a project time-line? Illustrate what are some data sampling, collection and evaluation methods of wo
Identify the requirements for a general manager, including education, trainings, and experience, and why these qualifications are important for this position to be successfu
Discuss the ethics surrounding the use of the indirect strategy when organizing a message. Do you think it is manipulative to delay the presentation of the main idea in a me