TRUE OR FALSE Subject to the provisions for retirement,resignation,expulsion and dissolution hereinafter contained the Firm shall continue during the joint lives of the Partners(Peter,John,Mary,Linda)and the survivors of them.Pls kindly provide me wi

TRUE OR FALSE Subject to the provisions for retirement,resignation,expulsion and dissolution hereinafter contained the Firm shall continue during the joint lives of the Partners(Peter,John,Mary,Linda)and the survivors of them.Pls kindly provide me wi
TRUE OR FALSE
Subject to the provisions for retirement,resignation,expulsion and dissolution hereinafter contained the Firm shall continue during the joint lives of the Partners(Peter,John,Mary,Linda)and the survivors of them.
Pls kindly provide me with yr answer with detailed explanation,tks.
decide the following sentence is true or false
Unless sth happens that is stated in the cls abt retirement,resignation,expulsion n dissolution,the partnership will continue while Peter,John,Mary,Linda are all alive.

TRUE OR FALSE Subject to the provisions for retirement,resignation,expulsion and dissolution hereinafter contained the Firm shall continue during the joint lives of the Partners(Peter,John,Mary,Linda)and the survivors of them.Pls kindly provide me wi
TRUE
1,this is a partnership agreement,without which the partnership may dissolve automatically according to the relevent statutory law.
although not compulsory,it is highly recomended to have such an agreement,helping avoid or solve any dispute which may arise.
2,according to this agreement,the Firm shall continue during the joint lives of the Partners(Peter,John,Mary,Linda)and the survivors of them,Unless sth happens that is stated in the cls abt retirement,resignation,expulsion n dissolution.
3,this is indeed a logical game.
unless.,the firm shall continue during the joint lives of the Partners(Peter,John,Mary,Linda)*and the survivors of them*.
ALL ALIVE just the circumstance encounted not the condition for the continuing of the partnership~

前面就是说除非发生了 退休 辞职 开除 解散这样的事之外 公司都会以这四个人 或者他们中在世的人的共同身份发展下去
下面说 除非发生了那几种情况 合作关系都会以他们四个的名义继续
有微弱的变化就是说后面那句是 ALL ALIVE 但是前面那句是不需要ALL ALIVE的如果有意外死亡的话剩下的人还是可以让公司继续的。
这样如果算是不一致的话那就是FALSE...

全部展开

前面就是说除非发生了 退休 辞职 开除 解散这样的事之外 公司都会以这四个人 或者他们中在世的人的共同身份发展下去
下面说 除非发生了那几种情况 合作关系都会以他们四个的名义继续
有微弱的变化就是说后面那句是 ALL ALIVE 但是前面那句是不需要ALL ALIVE的如果有意外死亡的话剩下的人还是可以让公司继续的。
这样如果算是不一致的话那就是FALSE

收起

TRUE.
partnership is built on the trust and respect btw the partners. upon the death of any partner, the partnership is dissolved automatically.
ps: even if one of the partner wants to transf...

全部展开

TRUE.
partnership is built on the trust and respect btw the partners. upon the death of any partner, the partnership is dissolved automatically.
ps: even if one of the partner wants to transfer the ownership to somebody else, the original partnership has to be dissolved and a new one has to be set up. it's one of the disadvantages of having partnership as your business structure. less flexibility and no liquidity of shares at all.

收起