Ask Experts Questions for FREE Help !
Ask
    soneeya1's Avatar
    soneeya1 Posts: 27, Reputation: 1
    New Member
     
    #1

    Mar 16, 2010, 10:38 AM
    Corporate Law
    Can a general partnership company refuse to acknowledge a contract on the ground that the contract was not signed by all the partners? In the Articles of Partnership all partners agreed that any transaction amount that would be more than $5000 will need the consent of all partners however one of the partner have signed a contract amounting to $6000 without having the signatures of the other partners or without their consent for that matter.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Mar 16, 2010, 11:13 AM
    Quote Originally Posted by soneeya1 View Post
    Can a general partnership company refuse to acknowledge a contract on the ground that the contract was not signed by all the partners?
    Hello s:

    I don't know what you mean by not "acknowledge" a contract. Is he refusing to PAY for it? Is he refusing to let the contractors do their work? Is he threatening to quit? Is he threatening to sue the board of directors. Does he have authority to STOP the contract. Does he sign the checks? Have the contractors begun their work? Is the work finished, and they want to be paid?

    What?

    excon
    soneeya1's Avatar
    soneeya1 Posts: 27, Reputation: 1
    New Member
     
    #3

    Mar 16, 2010, 11:24 AM
    Quote Originally Posted by excon View Post
    Hello s:

    I don't know what you mean by not "acknowledge" a contract. Is he refusing to PAY for it? Is he refusing to let the contractors do their work? Is he threatening to quit? Is he threatening to sue the board of directors. Does he have authority to STOP the contract. Does he sign the checks? Have the contractors begun their work? Is the work finished, and they want to be paid?

    What?

    excon
    The work has began, it's a cleaning service. The contract is done between the partnership company which consists of 5 partners and the cleaning service company but only one partner signed the contract to used the service. Now that the other four partners are unhappy that this contract was signed without their consent so can they refuse to acknowledge on the ground that the contract was not signed by all partners?

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Corporate Law Cases [ 1 Answers ]

Hi Can you please giee me some explanation on the ff cases 1. Salomon v. A. Salomon & Co. 2. Ashbury Railway Carriage Co. v Ritchie 3. Macaura v Northern Assurance 4. Lee v Lee's Air Farming

Corporate law [ 2 Answers ]

To what extend does the ghost of Salomon versus Salomon rule from the grave?

Corporate law [ 1 Answers ]

What is distinguish between partnership and company mainly?

Business / Corporate Law [ 2 Answers ]

Please I need case studies on Company and Business Law. Regards.


View more questions Search