Knowledge Integration Dmba610

DMBA 610 Knowledge Integration As mansement Spring 2012 1 (a) low the law, how very much profit is Boyd entitled to? Why? (200 linguistic communication or fewer) Although the quislings did non file an agreement with the put in, they had agreement that expenses and loot go away be sh ard 50:50 and since no changes were made to that sign agreement it still stands. Each partner is entitled to 50% of the profits, Their agreement can be express or implied, (Bagley & condemnable 2010). Based on the agreement Boyd is entitled to 50% of the profits 1 (b) At the time Raylan and Boyd are winding slew the communication channel, smart Sauces demands payment for the BBQ sauce. If warrant BBQ refuses to pay, who can forward Sauces sue? Who is nonresistant for paying for the BBQ sauce? (300 words or fewer) According to Bagley & smash (2010), in general unions all partners commit some ascendancy over business decisions and can address on behalf of the union unless it is clearly expressed that they do not have the authority. Without much(prenominal) expressly written agreement to the contrary; some(prenominal) partner has the authority to bind the partnership with respect to tierce parties (Bagley & evil 2010). Since Boyd signed a contract with sassy sauces on behalf of Justified BBQ, all the partners of Justified BBQ can be sued for non-payment. some(prenominal) partners are equally responsible just equivalent they would be if they were a married couple, In some respects, a partnership is like a marriage or a family. Its members piece not only the benefits of the relationship but the burdens as healthy. (Bagley & assault 2010) 1 (c) If Justified BBQ were a community sooner of a partnership, who would be responsible for the payment for the BBQ sauce if the corporation went interrupt? Why? (300 words or fewer) Bagley & Savage (2010) state that a general partnership is an entity is created w hen two or more(prenominal) batch decide t! o pool their money, labor and or skills towards a business venture with the aim of sharing...If you want to get a expert essay, order it on our website: BestEssayCheap.com

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