Business Association -- UPA and RUPA

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old_soul
Posts: 172
Joined: Wed Aug 29, 2012 10:09 pm

Business Association -- UPA and RUPA

Postby old_soul » Wed Sep 11, 2013 7:05 pm

I am working on a string of hypos for BA. We are doing general partnerships and dissolution/dissociation.

Can someone help me with this? I don't know what to do with D in particular.

Hypo:
A, B, C and D are partners in a general partnership. The partners have agreed to a partnership term of 10 years. In year 5, A withdraws by giving notice to the other partners. B and C want to continue the partnership business; D does not.

i) Under the UPA, can B and C continue the partnership? If so, on what conditions? If not, what is the result?
ii) Under the RUPA, can B and C continue partnership? If so, on what conditions? If not, what is the result?

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laxbrah420
Posts: 2748
Joined: Fri Aug 12, 2011 1:53 am

Re: Business Association -- UPA and RUPA

Postby laxbrah420 » Wed Sep 11, 2013 7:08 pm

Not to be a moocher guy, but I don't really know how to answer your questions, but do you have a word doc of something with more hypos?




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