Fox dodge and gilbey agreed to become limited partners in, Ask an Expert

Management Studies

Fox, Dodge, and Gilbey agreed to become limited partners in Palatine Ventures, a limited partnership. In a signed writing each agreed to contribute $20,000. Fox's contribution consisted entirely of cash;

Dodge contributed $12,000 in cash and gave the partnership her promissory note for $8,000; and Gilbey's contribution was his promise to perform two hundred hours of legal services for the partnership.

(a) What liability, if any, do Fox, Dodge, and Gilbey.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M91909605

Have any Question?Write your Review or question?

Related Questions in Business Management

What could be potential barriers to communication with

What could be potential barriers to communication with clients? How can you deal with those barriers?

What kinds of trainings that can be used to fix the problem

What kinds of trainings that can be used to fix the problem of staff do not understand their tasks?

Briefly describe a how personality develops over time b the

Briefly describe: (a) how personality develops over time, (b) the degree to which it becomes stable and when, and (c) general shifts that occur for most people moving into adulthood.

What is macys current psychographics and

What is Macy's current psychographics and demographics?

Design a automatic room climate control system with

Design a automatic room climate control system with contextual model, state transition diagram

For both apple inc and samsung electronics write a three 3

For both Apple Inc. and Samsung Electronics, write a three (3) page paper providing 1. Analysis of industry structure such as the target operating segments, direct competitors (Key rivals), direct substitutes, concentrat ...

Httpsmycoursesutrgvedubbcswebdavpid-4000856-dt-content-rid-5

https://mycourses.utrgv.edu/bbcswebdav/pid-4000856-dt-content-rid-58365951_1/courses/20783.201910/20783.201910_ImportedContent_20180825101812/51245.201820_ImportedContent_20171218022642/Google%20Inc%20.pdf 1. Evaluate Go ...

C programmingneed help with a c program arrayrearrangec

***C PROGRAMMING*** Need help with a C program array_rearrange.c that rearranges an integer array. The array will be split into two sets of integers one by one. A new array will be created by append the first set to the ...

Choose a decision problem that you might encounter in your

Choose a decision problem that you might encounter in your daily work similar to those we have seen in the overviews of this course. Some examples for such a business problem are as follows: Resource allocation Schedulin ...

Many multi-national companies use sweat shops - is it

Many multi-national companies use sweat shops - is it ethical? Use the main ethical theories (consequential/non-consequential/virtues) to discuss/argue your answer. Consider the stakeholders involved in your answer. Shou ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert