What is the nature of the grays obligation with respect

Assignment Help Business Management
Reference no: EM133357604

Case Study: On March 3, 1997, Shokott from Davao purchased two (2) brand new industrial refrigerators from XY Company (XYC) in Manila through its employee Mangtomas, amounting to a total of Php100,000.00. On May 10, 1997, due to major defects, Shokott personally returned the refrigerators to XYC and requested that they be replaced. Mangtomas received the returned refrigerators and promised to send him the replacement units within two (2) weeks from May 10, 1997. Time passed and Shokott did not receive the replacement units as promised. XYC informed him that there were no available units and that it could not refund the purchased price. Despite several demands, both oral and written, Shokott was never given a replacement or a refund. The demands caused Shokott to incur expenses in the total amount of Php55,800.00. Thus, Shokott filed a complaint for damages. Summons was served upon XYC and Mangtomas, afterwhich they filed their Answer, verified by Mangtomas himself and a certain Elton John (EJ). XYC and Mangtomas did not present any evidence during the trial.

The RTC found that the two (2) refrigerators were defective and that XYC and Mangtomas failed to replace the same or return Shokott's money. After obtaining a favorable judgment from the RTC, Sheriff Rickets went to the main office of the
Department of Transportation and Communications, Land Transportation Office (DOTC-LTO), Quezon City, and verified whether Mangtomas, XYC and Gray
had personal properties registered therein. Sheriff Rickets found out that there are vehicles registered in the name of the General Manager, Gray.
Thus, Sheriff Rickets proceeded with attachment of Gray's properties.
Gray, on the other hand, questioned such attachment citing that he was not impleaded in the case.

QUESTION: What is the nature of the Gray's obligation with respect to the partnership liabilities? Explain.

 

Reference no: EM133357604

Questions Cloud

Does linkedin have a privacy policy : Does LinkedIn have a privacy policy? How far the privacy policy of both the rivals have affected the private lives of a consumer? Share your experiences.
Construct a cross-tabulation table : Construct a cross-tabulation/contingency table between Type of Industry and Number of Employees. In grouping the Number of Employees as a row variable
Find out the relationship between the hong kong : Find out the relationship between the Hong Kong Social Distancing Policy of recent years and Hong Kong's tourism income
What factors do you feel operate as barriers to a healthy : What factors do you feel operate as barriers to a healthy compliance culture? Describe three and mention how a person would leverage their personal strengths
What is the nature of the grays obligation with respect : What is the nature of the Gray's obligation with respect to the partnership liabilities? Explain.
How much evidence is there that the slope : Calculate the 95 percent confidence interval for ß1 using numbers on the output. Interpret the interval - How much evidence is there that the slope
How does the lack of leadership from the chief executive : How does the lack of leadership from the chief executive affect an organization? Can other sources provide leadership? Who are the constituents
Write the hypotheses to test : Write the hypotheses to test and Compute the p-value for the hypothesis testing - Interpret the p-value in natural language
How much revenue does p&g receive for one year of sales : How much revenue does P&G receive for one year of sales, if Chens buys 10,000 units per month? How much is Chens' markup per unit in $? In %?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd