Hello:
If Herb and Steve are equal partners in a general partnership, and then Herb (with authorization from Steve and on behalf of the partnership) negotiates a general partnership with Jackie (with equal shares), would that make Steve and Jackie partners?
What if Jackie and Herb are general partners first, and then Herb negotiates a deal with Steve? Would Jackie and Steve THEN be partners?
Would it make a difference which partnership came into existence first?
excon