mandarada
Dec 7, 2011, 07:55 AM
Ali,Baba and Chow entered a partnership to run a tuition centre .they entered into a contract with Damia for supplying paper and office equipments for two years . After a year , chow retired as a partner of the firm but his name still appear on the firm's letterhead. He did put a notice of retirement in several issues of a newspaper to which Damia was proved to be regular subscribers . Damia still continue with the contract of supplying paper and office equipment even after his retirement . Due to some financial problem ,the firm did not pay Damia . Damia sued the firm and included Chow as one of the partner . He claim that he was not aware about Chow's retirement
Based on the facts above ,advise chow on his liability towards firms debts
Based on the facts above ,advise chow on his liability towards firms debts