Capacity to become a partner - partnership law, Business Law and Ethics

Capacity to Become a Partner - Partnership Law

Competence to enter in partnership is co-extensive about capacity to contract.  Actually an infant may enter in a contract either previous to or within a reasonable time of reaching the age like 18:  Partnership Act, by S.13

However a corporation may enter in a contract of partnership provided that act is during the powers whether as its Memorandum of Association and like a partnership may be with an personally or with another corporation or business.

Posted Date: 1/22/2013 5:55:09 AM | Location : United States







Related Discussions:- Capacity to become a partner - partnership law, Assignment Help, Ask Question on Capacity to become a partner - partnership law, Get Answer, Expert's Help, Capacity to become a partner - partnership law Discussions

Write discussion on Capacity to become a partner - partnership law
Your posts are moderated
Related Questions
Gains from Policy Coordination The previous section has illustrated how large countries typically face positive or negative spill over effects associated with aggregate demand

Q. Diffrence between phoenix activity and  honest behaviour? There are circumstances where a business has been managed responsibly and fails, and after a period of time, its di

Patrick works in the same office as Marian and they do not work well together. One day, Marian got credit for a job well done and Patrick got angry over it. He walked int

V alues Basic convictions or beliefs which are specific behaviors and out- comes are more desirable compare to others. Values are judgmental in which they include our ideas

Discuss the character of Mr. Martinez and the relationship between his personal life and work life. Do effectiveness in Silicon Valley and on Wall Street require that one be like M

Determine the term Uncertainty - Policy process We know that uncertainty is one of main influencing factor in policy process and especially in coordination of economic policies

QUESTION 1 Explain the composition and functions of the following institutions- (i) Employment Relations Tribunal (ii) Commission for Conciliation and Mediation QUEST

Contractual Capacity of Corporations However the courts have developed known as the doctrine to "ultra vires" in order for determines the contractual capacity for legal person

Contracts of Guarantee There the Law of Contract Act, 1961, S.3 (1) provides as follow: Actually "No suit shall be brought whereby to charge the defendant upon any type of

Promotion: A company comes into existence from the moment of its registration by the registrar of companies. However, the  registration is preceded by what is called "promotio