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
Statutes of General Application: Whereas there is no authoritative definition of a "statute of simple application" the phrase is presumed to refer to those statutes that appli

QUESTION 1 Evaluate the circumstances under which an employer would be justified in terminating his worker's contract of employment under the Employment Rights Act QUESTION

Notice of resignation: Regarding clause (e) above, it was held in Latchford Premier Cinema Co. V Ennion that a verbal notice of resignation which is given to, and is accepted

What is legislation in law? Legislation Legislation is the formalisation of rules and processes by the UK Parliament. This does that by passing acts of parliament or sta

Differences between Liquidators and receivers: There are also significant differences: (a)a liquidator has numerous statutory powers. A receiver must rely on the powers given

Powers of Managing Director:             Article 109 offers that "the directors may entrust to and confer upon a managing director any of the powers exercisable by them upon s

Group Accounts: S.150(1) provides that if, at the end of its financial year, a company has subsidiaries, then it must include in its annual accounts "group accounts" dealing w

Q. Cross agency actions - addressing phoenix activity? the ASIC, ATO and FWO all have responsibilities in investigating and monitoring elements of phoenix activity. This means

On 10 March 2011 the ACCC accepted an undertaking under the Competition and Consumer Act 2010(Cth) from Patterson Cheney Pty Ltd in relation to alleged misrepresentations made by t

LEGISLATIVE OR PARLIAMENTARY CONTROL: (i)         Parliamentary approval and (ii)        Ministerial approval and (iii)       Publication into the England Gazette and