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Case Study: Lowe, Ball and Lynch were partners in a New York law firm. Lowe, who was in failing health, advised the partners that she wanted to retire and that she had assigned her full interest in the partnership to her son Jessie Stringham. Stringham was a New York bar-licensed attorney with numerous years of professional experience. Ball and Lynch did not permit Stringham to attend management meetings or inspect the books. Stringham believes, as the assignee of his mother's partnership interest, he was entitled to do both. Is Stringham correct? Explain your answer using legal references such as cases, statutes and other materials.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M9782272

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