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Can you dissolve your partnership if you have signed a contract?
Wiki User
∙ 14y ago
I'm not sure what the contract is. If the contract is between the partners, then they can mutually agree to void the contract. No problem. If the contract is between the partners and a third party, then it still stands, and must be honored by all partners, regardless of their participation.
Wiki User
∙ 14y ago
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Can you get out of a car contract?
Only if both parties agree to dissolve the contract or the contract was an illegal contract or it was signed under duress.
When a business incorporates is the company legally bound to honor previous contracts it made when it wasnt a corporation?
If the company was not incorporated when the document was created, the company must have been a partnership or a sole-proprietorship. Whoever signed the contract is legally bound by the contract. If a partner signed, the partnership is legally bound. If a person signed, that person is legally bound.
What contract should be signed before moving in with boyfriend?
In some countries there should be a legal partnership contract. (Unless your married, in which case, he's your husband). In some countries there are no laws regulating any contract at all. Check with your lawyer.
What makes a partnership?
A partnership is an agreement between 2 or more parties formed to achieve some sort of goal. An informal partnership can be verbal, though to prove and formalize a partnership some sort of contract should be drawn up that outlines the purpose of the partnership and who will be responsible for the specific duties that are required and the duration of the partnership (if applicable). The partnership is formalized officially when all parties have signed the agreement, which is then generally filed with the local municipality.
What is a sentence using the word partnership?
The two owners decided to dissolve their partnership. For once, the partnership between government and industry was successful.
Does a partnership dissolve if a partner is deemed incompetent?
A partnership does not automatically dissolve if a partner is deemed incompetent. The partnership documents should state the procedure if one partner becomes incapacitated for any reason, which would include incompetency.
Is a lease a contract signed?
Yes, a lease is a signed contract
What are the types of long term contract?
longterm contract in supplier partnership
What is a signed agreement?
A contract
Will A-Rod opt out of his contract?
He opted out of his contract, then he signed the contract.
How do you change a partnership into proprietorship in India?
Not possible . Dissolve the partnership, surrender its pan / vat numbers etc and start a new proprietorship
How do you use in sentence the contract?
The contract is void if it's not signed. We signed the contract and the project begins on Monday. How did the child contract such a rare disease? In cold weather, muscles contract.
