Partner Liability
Partner Liability Business Associations Business Associations Partner Liability Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Business Associa...
Results for “Partner Liability Partner Liability”
Partner Duties
Partner Duties Business Associations Business Associations Partner Duties Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Business Associations...
Partner Authority
Partner Authority Business Associations Business Associations Partner Authority Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Business Associa...
Limited Liability Partnerships
Limited Liability Partnerships Business Associations Business Associations Limited Liability Partnerships Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master l...
A limited partner suspects that the general partner has been paying inflated management fees to an affiliate. The lim...
A limited partner suspects that the general partner has been paying inflated management fees to an affiliate. The limited partner asks for recent financial statements, capital-account records, and contracts with the affi...
Citations: Uniform Limited Partnership Act principles
A properly registered LLP borrowed money from a bank. One partner signed the loan agreement for the LLP and also sign...
A properly registered LLP borrowed money from a bank. One partner signed the loan agreement for the LLP and also signed a separate document titled "Personal Guaranty." The LLP defaulted. Which statement is most accurate...
Citations: Uniform Partnership Act LLP principles
A properly registered LLP provides engineering services. One partner negligently designs a retaining wall. A second p...
A properly registered LLP provides engineering services. One partner negligently designs a retaining wall. A second partner had no involvement in the project and did not supervise the negligent partner. The client sues t...
Citations: Uniform Partnership Act LLP principles
Harbor Labs LP was formed by filing a certificate naming Jenna as general partner and Kai as limited partner. Kai's l...
...or Labs LP was formed by filing a certificate naming Jenna as general partner and Kai as limited partner. Kai's limited partnership agreement allowed him to approve annual budgets, vote on admitting new partners, inspect...
Citations: Uniform Limited Partnership Act principles
Sim and Tarlow practice architecture through Sim & Tarlow LLP. The partnership properly filed its LLP registration be...
Sim and Tarlow practice architecture through Sim & Tarlow LLP. The partnership properly filed its LLP registration before the events at issue. Sim negligently approved structural drawings for a client project, causing th...
Citations: Uniform Partnership Act LLP principles
Three partners operate Ridge Outdoor, a general partnership that sells camping gear. Their partnership agreement says...
Three partners operate Ridge Outdoor, a general partnership that sells camping gear. Their partnership agreement says that no partner may place a single inventory order over $20,000 without unanimous consent. The partner...
Citations: Uniform Partnership Act and Revised Uniform Partnership Act principles
Two accountants, Vega and Wynn, operated a general partnership. On January 5, they signed a partnership agreement sta...
Two accountants, Vega and Wynn, operated a general partnership. On January 5, they signed a partnership agreement stating, "The firm will operate as an LLP, and neither partner will be personally liable for firm debts."...
Citations: Uniform Partnership Act LLP principles
Two lawyers, Chen and Diaz, practiced as a general partnership under the name C&D Legal Services. They employed a par...
Two lawyers, Chen and Diaz, practiced as a general partnership under the name C&D Legal Services. They employed a paralegal to deliver signed filings to court. While making a filing delivery for the firm, the paralegal n...
Citations: Uniform Partnership Act and Revised Uniform Partnership Act principles
Two partners signed an agreement saying, "We are now an LLP and no partner will be personally liable for firm debts."...
Two partners signed an agreement saying, "We are now an LLP and no partner will be personally liable for firm debts." They did not file an LLP registration until two months later. During the two-month gap, the firm incur...
Citations: Uniform Partnership Act LLP principles
LLC Liability
...AuthorityApparent AuthorityRatificationAgent DutiesPrincipal LiabilityPartnership FormationPartnership PropertyPartner AuthorityPartner DutiesPartner LiabilityPartnership DissociationPartnership DissolutionLimited Partne...
Principal Liability
...AuthorityApparent AuthorityRatificationAgent DutiesPrincipal LiabilityPartnership FormationPartnership PropertyPartner AuthorityPartner DutiesPartner LiabilityPartnership DissociationPartnership DissolutionLimited Partne...
Limited Partnerships
Limited Partnerships Business Associations Business Associations Limited Partnerships Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Business A...
Partnership Property
Partnership Property Business Associations Business Associations Partnership Property Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Business A...
Partnership Formation
Partnership Formation Business Associations Business Associations Partnership Formation Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Business...
Partnership Dissolution
Partnership Dissolution Business Associations Business Associations Partnership Dissolution Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Busi...
Partnership Dissociation
Partnership Dissociation Business Associations Business Associations Partnership Dissociation Complete Business Associations List Business AssociationsThis topic appears in the UBE 2026 Rules Library master list under Bu...
Orin wanted to open a climbing gym but needed outside capital. Pilar agreed to invest $250,000 if she would not be pe...
...beyond her investment. Orin and Pilar filed a certificate of limited partnership naming Orin as the sole general partner and Pilar as the sole limited partner. The partnership agreement gave Orin authority to manage the...
Citations: Uniform Limited Partnership Act principles
Partner A and Partner B were married in State E and lived there for 20 years. Partner A left State E, rented a short-...
Partner A and Partner B were married in State E and lived there for 20 years. Partner A left State E, rented a short-term vacation apartment in State F, and filed for divorce there after satisfying State F's 60-day resid...
Citations: U.S. Const. art. IV, section 1, 28 U.S.C. 1738, Williams v. North Carolina, 325 U.S. 226 (1945), Sherrer v. Sherrer, 334 U.S. 343 (1948)
Agency
...AuthorityApparent AuthorityRatificationAgent DutiesPrincipal LiabilityPartnership FormationPartnership PropertyPartner AuthorityPartner DutiesPartner LiabilityPartnership DissociationPartnership DissolutionLimited Partne...
Mergers
...AuthorityApparent AuthorityRatificationAgent DutiesPrincipal LiabilityPartnership FormationPartnership PropertyPartner AuthorityPartner DutiesPartner LiabilityPartnership DissociationPartnership DissolutionLimited Partne...