(i) He does not become a partner in the firm.
(ii) He cannot interfere with the management of the firms business.
(iii) Cannot demand an account from the partners.
(iv) He has no access to the firms books of accounts.
(v) If a limited partner assigns his interest the assignee becomes a limited partner.
maurice.mutuku answered the question on May 2, 2018 at 14:15
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In relation to partnership law write explanatory notes on the Expulsion of a partner.
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In relation to partnership law write explanatory notes on the Expulsion of a partner.
Date posted:
May 2, 2018
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Answers (1)
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Shah, in response to an inquiry by Onyango regarding the possible sale of his
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May 2, 2018
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In what circumstance will a contract be vitiated by common mistake?
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In what circumstance will a contract be vitiated by common mistake?
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May 2, 2018
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What to you understand by the phrase “Source of law”?
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May 2, 2018
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May 2, 2018
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(Solved)
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Date posted:
May 2, 2018
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Onyango signed a cheque and crossed it “not negotiable.” He told Atieno, his
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Date posted:
May 2, 2018
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Answers (1)
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Examine the circumstances in which a banker has no authority to honour a cheque drawn
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(Solved)
Examine the circumstances in which a banker has no authority to honour a cheque drawn
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Date posted:
May 2, 2018
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Answers (1)
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Explain how an unpaid seller may lose the right of lien and stoppage in transitu.
(Solved)
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Date posted:
May 2, 2018
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Explain the advantages of administrative tribunals over courts of law.
(Solved)
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Date posted:
May 2, 2018
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Answers (1)
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Courts of law are not the only means by which disputes may be resolved.
Administrative tribunals have been held to be alternatives to the courts of...
(Solved)
Courts of law are not the only means by which disputes may be resolved.
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In light of the above statement:
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Date posted:
May 2, 2018
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Answers (1)
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In relation to the law of tort, explain what constitutes the tort of negligence.
(Solved)
In relation to the law of tort, explain what constitutes the tort of negligence.
Date posted:
May 2, 2018
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Mutiso owned a bakery in Kangundo Town. He sold it last year to Munyao. He agreed, as
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May 2, 2018
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Date posted:
May 2, 2018
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May 2, 2018
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May 2, 2018
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Date posted:
May 2, 2018
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Answers (1)
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(Solved)
Differentiate between National and international law.
Date posted:
May 2, 2018
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Answers (1)
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(Solved)
Distinguish between testate and intestate succession.
Date posted:
May 2, 2018
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