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    Gordensvill's Avatar
    Gordensvill Posts: 1, Reputation: 1
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    #1

    Jul 4, 2012, 09:29 PM
    Free help on partnership business questions
    Hi, please help me dicuss this situation.

    X,Y,and Z are partners in a business.The partnership debts are $150,000 owing to the bank; the partnership assets are nill.The separate assets of each partner are: X; $200,000, Y; $200,000 and Z; Nil.

    Discuss.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #2

    Jul 5, 2012, 07:11 AM
    We don't do homework, however if you will give it a shot, and post what you come up with, we will be happy to comment.
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