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If I understand the question correctly - if the stand cannot be registiered in both names it should probably be registered in the name of the partner who has the largest financial stake in the business.

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14y ago

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How can you sue a partner for not disclosing all business records?

You should have an agreement or contract between you two, which will support your accusation


Who gets the vehicle after ending a domestic partnership?

The person whose name the vehicle is registered in retains ownership of the vehicle, unless there is an agreement or court order to the contrary and one partner transfers the registration to the other. If the vehicle is registered to both partners, then they retain joint ownership until such time as the vehicle is sold or transferred. Sale or transfer may be a requirement of an agreement or court order.


Which is true for a limited partnership?

A limited partnership is formed upon the execution of an agreement between a limited partner (usually a financial contributor) and a general partner (responsible for the day-to-day operations of the business). The limited partner is only liable up to the amount of the initial investment whereas the general partner has unlimited liability. It is advisable to have an attorney draw up the agreement to ensure that it is in compliance with the laws of the jurisdiction in which the partners will conduct business.


How do you relinquish a partnership if the partner does not buy you out?

Withdraw as a partner. The partnership agreement should address this issue.


Is there a trade agreement between Mexico and Morocco?

No. Although Morocco is the most important North African trade partner for Mexico, the Moroccan industry and agriculture are still very protected and no trade agreement between both countries has ever been reached.


Can you add your registered domestic partner's child to your medical insurance and is he considered a stepchild because of the partnership?

There is no legal relationship between you and your domestic partner's child unless and until you have obtained a second-parent adoption that makes you the legal parent of the child.


Who pays the debt when your partner dies?

Partner in a business will be held responsible for the debts. Partner in living together without a formal agreement or license (not married), the estate.


Can a domestic partner agreement be denied in Oregon if a same-sex couple is married in California?

If you were married in California, then the state of Oregon will recognize your marriage, and you cannot register as domestic partners in Oregon. If you are registered as domestic partners in California, then the state of Oregon recognizes your domestic partnership.


Example problems on accounting for partnership and corporation?

a.b,c formed a partnership w/ the following information: A, a capitalist partner, is to contribute 600,000 B, a capitalist and industrial partner, is to contribute 200,000 C, an industrial, is to contribute his skill.


What is something in which things dissolve?

Causes of dissolution. 358.310. Dissolution is caused: (1) Without violation of the agreement between the partners, (a) By the termination of the definite term or particular undertaking specified in the agreement; (b) By the express will of any partner when no definite term or particular undertaking is specified; (c) By the express will of all the partners who have not assigned their interests or suffered them to be charged for their separate debts, either before or after the termination of any specified term or particular undertaking; (d) By the expulsion of any partner from the business bona fide in accordance with such a power conferred by the agreement between the partners; (2) In contravention of the agreement between the partners, where the circumstances do not permit a dissolution under any other provision of this section, by the express will of any partner at any time; (3) By any event which makes it unlawful for the business of the partnership to be carried on or for the members to carry it on in partnership; (4) By the death of any partner; (5) By the bankruptcy of any partner or the partnership; (6) By decree of court under section 358.320.


What is a prenuptual agreement?

prenuptial agreement clarifies your shared responcibilities giving your partner a piece of mindand more time to concentrate on enjoying your relationship


Should a partner be held liable for the criminal activities of a partner?

an individual can not be held liable for crimes committed by their partner, as long as there was no agreement to commit the crime, or participation in the crime on the individuals behalf